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Archive for August, 2010


Boston building for sale: $739,000

I have an apartment building for sale at 85 North Margin Street in the North End for $739,000. For more information call Linda Mitrano at 617-512-4557 or at 617-720-5454. Motivated seller – so bring offers! Brokers welcome!



Real Estate: Tax Credit

From the Press Briefing by Press Secretary Robert Gibbs: Q: A lot of folks have been talking about the first-time homebuyers tax credit sort of propping up the housing market. Is that one of these new measures that he might be considering? MR. GIBBS: Look, obviously, there was — that was something that was done [...]



Massachusetts real estate: Inventory and days on market

Inventory and Days on Market: The inventory of single-family homes as of July 31, 2010 increased 10.0 percent from July 2009 (28,740 listings in 2009 to 31,685 listings in 2010) which translates into 9.9 months of supply in July 2010. This is up from 6.4 months of supply last year and up from 6.1 months [...]



Boston condos sales: Real data

If you’ve been reading this blog for any length of time, you’d know that I don’t feel that one months data (July) provides you with an accurate picture of the Boston condo market. Boston condo sales data for the last three months (May, June & July) comparing 2010 with 2009: Boston condo sales for last [...]



Boston Condo Sales: July

Mary this is for you: July 2010 Boston Condo Sales Number of Boston condo sales – 415 Avg Boston condo sales price – $494,424.00 Med Boston condo sales price – $372,000.00 Days-on-market – 90 July 2009 Boston Condo Sales Number of Boston condo sales – 564 Avg Boston condo sales price – $424,896.00 Med Boston [...]



Mortgage applicants required to write an essay

Looking to buy a Boston condo? Your mortgage company may require that you write a “motivational letter.” WTF? Excerpts from The New York Times on motivational letters: When Linda Falcão applied for a mortgage from Wells Fargo, she didn’t realize she would be required to write the type of essay that’s more commonly included with [...]



Real Estate: Quote of the day

The real estate quote of the day is from the Housing and Urban Development Secretary Shaun Donavan: “It’s too early to say whether the tax credit will be revived,” Donovan said in an interview on CNN’s “State of the Union” program. He said the administration would “do everything we can” to stabilize the shaky U.S. [...]



Back Bay condo sales & prices

According to LINK data Back Bay condo sales and prices continue to increase: Back Bay condo sales from 1/1/09 – 7/31/09 Number of Back Bay condo sales – 189 Avg Back Bay condo sales price – $980,702 Median Back Bay condo sales price – $650,000 Avg. Back Bay condo price per sq ft – $748.00 [...]



Boston luxury condos: The Clarendon

On August 26, 2010 The Clarendon Back Bay recorded their 34th 35th closing. The purchase price was $1,050,000 and included one deeded garage parking space. This was a 22nd-floor, one-bedroom plus, two-bathroom, 1,134 square foot condo, approximately $925.93 per square foot. The building is now approximately 33 percent occupied.



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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