Boston condo sales price per sq ft from 1/1/10 – 3/20/10:
Back Bay condo sales price per sq ft – $855.00
Beacon Hill condo sales price per sq ft – $724.00
South End condo sales price per sq ft – $554.00

As upbeat as I am about the Boston luxury condo market, here are a few troubling signs for a few Boston luxury condo projects:
– Registry of Deeds records show the 45 Province St. tower near Downtown Crossing has managed to drum up buyers for just 16 of its 137 units since it kicked off [...]

A look at a few Boston neighborhoods that have condos under agreement:
Back Bay Condos – 40
Beacon Hill Condos – 12
Brighton/Allston Condos – 51
Charlestown Condos – 24
Dorchester Condos – 91
Jamaica Plain Condos – 44
Midtown Condos – 3
North End Condos – 10
South Boston Condos – 105
South End Condos – 73
Waterfront/Seaport District – 31

According to a new study from IHS Global Insight and PNC Financial Services Group, the median home sales price in certain parts of the country are too high.
But get this: Boston area’s median of $315,000 is actually too cheap by 9.4 percent.
An excerpt from the study:
To compile its estimates of what home prices should [...]

According to LINK the following luxury condos ($1mil plus) have sold in the South End from 1/1/10 – 3/15/10. There has been at least one sale per month.
Boston South End Condos:
7 Rutland Street #3 — $1,150,000.
654 Tremont Street #1 – – $1,203,600.
2 Clarendon Street #702/702 – $1,540,000.
29 Rutland #1 – $1,550,000
Boston [...]

The city may have knocked down the size of Don Chiofaro’s proposed tower along the new Rose Kennedy Greenway.
But the more interesting development, from the long-term perspective, is the city’s proposal for height restrictions in general along the Greenway. Here’s a cool graphic showing existing Greenway buildings and where (and how much) developers can build [...]

Scott Van Voorhis wrote an article in today’s Boston Courant regarding a new report by luxury condo marketing and research firm Otis & Ahearn.
The article stated that so far this year, 28 Boston downtown condos have sold for more than $1,000 a square foot. That’s three times the number during the first 10 weeks of [...]

The Boston Business Journal has an article today regarding empty storefronts on Newbury Street.
Apparently, landlords are demanding rents that would justify building purchases that surpassed $1,000 per sq ft and in some cases even higher.
According to the article: “Brokers who work in the area say they’ve never seen so much space on the market at [...]

I thought it would be interesting to compare the first two and half months of 2010 with the same period in 2000.
2010 – 1/1/2010 – 3/15/2010
Number of Boston condo sales – 236
Avg. Boston condo sales price – $531,488
Med. Boston condo sales price – $350,500
2000 – 1/1/2000 – 3/13/2000
Number of Boston condo sales – 489
Avg. [...]

I just received a nice email from the folks at HGTV to see if I can help them find first-time homebuyers willing to be on TV. If you are interested please call me at 617-720-5454 or email me at realtyford@yahoo.com.
Hi John,
Great Talking with you over the phone. As we just spoke over the [...]