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Archive for July, 2010


Quote of the day

The quote of the day is from Paul Krugman: Let’s be clear: a recovery that involves growth so slow that unemployment and excess capacity rise, not fall, isn’t really a recovery. If we only have 1 1/2 percent growth, that will amount to a double dip in all the senses that matter. Read more of [...]



Showing real estate: Always tell the truth

In this episode, Barney becomes a part-time real estate agent and is tryng to sell Andy’s home. For more episodes on Barney the real estate agent



Boston Real Estate Agent Needed

Seeking one full-time real estate agent to work at my 151 Tremont Street location in Boston. Must have 5 years experience. Presenlty, I have two full-time agents at this location and looking for one more agent for my third desk. For more information, call me on my cell at 617-595-3712 or email me at realtyford@yahoo.com



Boston real estate inventory

Boston real estate inventory for the last 18 months (Click on chart to enlarge):



Boston luxury condos: 45 Province Street

The following is an email that was sent to me from 45P: “45 Province Street real estate transactions since the new marketing team took over. . 6 contracts – 3 closed and 3 U/A.” 45 Province Street sold listings for June and July 2010: 6/25/10 – #901 List Price – $1,200,000 Sale Price – $1,140,000 [...]



Boston Real Estate Blog

To Boston Real Estate Blog readers, I’m sorry about the lack of blog posts today. Tomorrow, I’ll give you an update about 45 Province Street, this new information may surprise you. The reason I didn’t blog today was because I had several walk-ins and sales appointments. Okay, that’s not true, I was just being lazy [...]



Boston Massachusetts Mortgage Rate Update 7 / 14

I am pleased to once again welcome Mortgage Banker Brian Cav, the creator of a mortgage blog called Smarterborrowing.com. Here’s his weekly mortgage market update, which I’m sure you’ll find interesting. Mortgage Market For the first time in weeks Mortgage Rates are under some pressure to increase. It looks as if Lenders are starting to [...]



Asking prices slashed. Sales prices up.

Here we go again. One day I’m reporting a Boston Herald article that sales prices are on the rise, and today asking prices are being slashed. More than a third of Boston-area homes listed for sale on real estate website Trulia are going for a reduced price. With 34 percent of homes selling with a [...]



Attention developers: South End building for sale

I have a building for sale in the South End. Approximately 6,000 gross sq ft. This is a vacant building that needs a total rehab. Asking price $1,850,000. For more information and to obtain floor plans, please call Linda Mitrano at 617-720-5454 or on her cell at 617-512-4557. Principals only.



45 Province Street: Update

A blog reader who calls himself ‘Winston’ made the following comment on this blog in reference to 45 Province Street which stated: Looks like 901 closed for $1.14M Three units in total have closed this year, 901, 1106, and 1207, for an average psf around $650. In total, 19 units have sold for $25M, leaving [...]



Let's talk Boston real estate. The most recent real estate comments

  • lollipop, Report confirms: 28-story Boston residential tower Avalon Exeter going ahead: obviously like your web site...
  • Funny, Tenants vs. landlords: The never ending war: “decades ago in the 1970’s when tenements and slumlords...
  • Mike O, Tenants vs. landlords: The never ending war: So, if the laws are “rebalanced” thereby reducing...
  • Jack Gately, The mortgage-settlement shakedown scam: John: Wow, Martha Coakley is not going to like this post! ;)
  • Funny, Wall Street: ‘It’s Just Kids Playing With Dynamite’: too big to fail and too big to manage....
  • confused, Report: Massachusetts home and condo sales soar in April: So are you saying pending sales this April higher...
  • Evan, James Taylor and Neil Diamond to play Fenway Park: James Taylor played fenway park and so did Neil Diamond...
  • Mike O, Why home prices will never recover: John, you’re going to get Lawrence Yun and the NAR posse after you...
  • Mike O, Nantucket mansion owner asks for a mere 725% mark-up on price: 69 acres on Nantucket? Yeah, sounds about...
  • Suburban reader, Now teardowns are on the rise in Massachusetts: Re jobs, jobs, jobs — Agreed. An increase in...
  • Brian Hickey, Now teardowns are on the rise in Massachusetts: Though not something all favor; IMO, teardowns and the...
  • Funny, Why home prices will never recover: Hey, you just said what I’ve been saying! One caveat though, Housing...
  • Mike O, Mass. homes sales increase by fastest rate since 2007: Sounds like sellers are giving ground, bringing us...
  • Boston Real Luxury Agent, Mass. homes sales increase by fastest rate since 2007: John, can I inform your Boston real...
  • realistic, The Housing Low-Ball Index: Funny – Never believe any real estate news story that has a prefix named...
  • Funny, The Housing Low-Ball Index: The poor, poor guys that had a commercial on CNBC the other day basically saying...
  • Mike O, The Housing Low-Ball Index: Well confused, the article is “according to researchers at the National...
  • confused, The Housing Low-Ball Index: OMG…What does “beginning to see” mean? Is this an actually...
  • Funny, Boston: The third most ‘walkable city’ in the U.S.: SF might have hills, but NYC also has wide...
  • Renter, City approves new Seaport apartment complex: Funny – Bravo!

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    BOSTON REAL ESTATE AGENTS:

    Boston real estate agents needed for our two Boston locations.

    Inquiries contact John Ford @ realtyford@yahoo.com



    ------------------------------- Beacon Hill Real Estate: Retail Space Available

    Two Beacon Hill Retail Spaces Available

    Retail space #1 - 868 square feet $4,700.00 per gross rent.

    Retail space #2 - 1,087 square feet $5,900 per month gross rent.

    More information call Linda Mitrano 617-720-5454 or 617-512-4557.


    Classic Beacon Hill Duplex Condo

    Including Income producing In-Law Apartment. Two units for the price of one.

    Offered at: $879,000.00

    Gracious parlor level living area offers open floor plan, fireplace, dining area,revovated kitchen with custom cabinents.

    Lower level offers master bedroom with full bath and laundry. Includes a second bedroom with half bath. This unique condo also features a two level In-law apartment with a seperate entry. One car deeded parking space.

    More information call Linda Mitrano at 617-512-4557.

    Boston neighborhoods



    Boston Real Estate / Boston Condos



    Click on the links below for Boston condo neighborhood sales listings

    Boston Back Bay Condos

    Beacon Hill Condos

    Boston Charlestown Condos

    Fenway Boston Condos

    Boston South End Condos

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    Boston Back Bay Condos 3rd Q 2011





    Back Bay Condo Sales 3rd Quarter 2011 - 150. Number of Back Bay condo sales in the 3rd Q of 2010 - 126

    Back Bay average condo sales price in the 3rd Q of 2011 - $974,258.00. Back Bay average condo sales price in the 3rd Q of 2010 - $944,320.00

    Back Bay condo 3rd Q 2011 sales price per square foot $736.88 Back Bay condo 3rd Q 2010 sales price per square foot $731.88

    Boston Back Bay condos days on market 3rd Q 2011 - 125 Boston Back Bay condos days on market 3rd Q 2010 - 106 Back Bay condo sales stats Jan - Sept 2011:

    Number of Back Bay Condo sales Jan through Sept - 334

    Avg Back Bay condo sales price - $1, 173,927.00

    Med Back Bay condo sales price - $795,000.00

    Avg price per square foot - $780.00

    Days on market for Back Bay Condo - 131

    Back Bay Condos - Sales Stats 2011



    Back Bay Condo Sales form April 1, 2011 - May 1, 2011 - 27

    Avg. Back Bay condo sales price - $1,324,226.00

    Med. Back Bay condo sales price - $1,210,000.00

    Back Bay condo sales price per square foot - $787.00

    Avg. days on the market for Back Bay condo - 184

    Boston Back Bay condos sold from Jan 1, 2011 - April 28, 2011 - 105.

    Average sales price for a Back Bay condominium in 2011 - $1,317,969.00

    Median sales price for a Back Bay condominium in 2011 - $865,000.00

    Average price per sqaure foot for a Back Bay condo in 2011 - $805.00

    Average days on the market in 2011 for a Back Bay condo - 153

    Back Bay condos/real estate sales for the 1st Quarter of 2011:

    Average Back Bay condo sales price - $1,290,181.00

    Median Back Bay condo sales price - $828,895.00

    Average Back Bay condo sales priec per square foot - $804.00



    Back Bay Condos Sold Jan 1, 2011 - April 16, 2011

    Back Bay condos sales - 97

    Average Back Bay condo price: $1,407,795.00

    Median Back Bay condo sales price: $852,500.00

    Average price per square foot for a Back Bay Condo $863.00

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    Back Bay Condos Sold 2011

    Back Bay condos sold: 50

    Average Back Bay condo sales price:$1,367,003.00

    Median Back Bay condo sales price: $953,750.00

    Average Price per $/SF: $806

    Average days on the market for a Back Bay condo: 124

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    Beacon Hill Condos Sales Stats 2011





    Beacon Hill condos sold form Jan 1, 2011 - April 28, 2011 - 37

    Average Beacon Hill condo sales price - $799,809.00

    Median Beacon Hill condos sales price - $560,000.00

    Average price per square foot for a sold Beacon Hill condo - $704.00

    Average days on the market for a Beacon Hill condo to sell - 165

    Beacon Hill condo sales 2011 Jan - Mar

    Beacon Hill condos sold

    Avg Beacon Hill condo price $823,500.00

    Med. Beacon Hill condo price $524,500.00

    Avg. price per sq ft. Beacon Hill condo $632.00

    Avg. days on market Beacon Hill condo 222

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    Boston Condos Brighton Sales Stats 2011





    Boston Brighton Condo sales - 25

    Brighton condo avg. sales price $259,510

    Brighton condo med. sales price $262,000

    Brighton condo price per sq ft $283.00

    Brighton condo days-on-market 90

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    Boston Condos Charlestown - Sales Stats





    Charlestown condo sales - 25

    Charlestown average condo - $545,019

    Charlestown median condo - $470,000

    Average price per sq ft Charlestown condo $458.00

    Average days-on-market 123

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    Fenway Condos Sales Stats 2011







    Fenway Condo Sales 2011

    Fenway condo sales 7

    Average Fenway condo price $292,500

    Median Fenway condo price $282,500

    Fenway price per sq ft $435.00

    Fenway days-on-market 237

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