Comparing 2010 with 2009 for total Boston condo sales from Jan 1st – Nov 1st. Back Bay condo sales from Jan 1st – Nov 1st.  Back Bay condo sales 2010 – 351  Back Bay condo sales 2009 – 277 ———- Beacon Hill condo sales Jan 1st – Nov 1st Beacon Hill condo sales 2010 – 109 Beacon [...]

 The chart below is from MLS regarding the recent sale at the Boston W Residences. The last sale was on October 27, 2010 a two- bedroom, two-bathroom on the 17th floor. As the chart below indicates this unit sold for $860,000, but the orginal asking price was $1,195,000. On a price per sq ft basis this [...]

Here are a few articles that appeared in the media in response to the release of September/Q3 2010 Massachusetts home sales. Wednesday, October 27, 2010 The Patriot Ledger Home sales slowed down in September, but prices remained stable: Even with uncertainty about economy, prices in Mass. remain stable The Ticker (Boston Herald.com) Housing Slump Itemlive.com [...]

How come, with all the sloppy oversight, THIS never happens. click to enlarge. Source: NY Post

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In the month of October, Boston had 21 luxury condos that sold for $1,000,000 or above. The average $1,000,000 (+) Boston condo sale – $1,697,738 The median $1,000,000 (+)  Boston condo sale – $1,550,000 The average Boston luxury condo sales price per sq ft – $904 Average days-on-market for a Boston luxury condo – 153 To view all $1,000,000 [...]

The following are excerpts from the Wall Street Journal article entitled the touble with condos: In some gentrifying neighborhoods of Boston, for instance, where condo conversions of the city’s storied triple-decker row houses were rampant in the last decade, many owners now find they can’t sell their units, partly because of tougher lending requirements by government-sponsored [...]

Congratulations to Otis & Ahearn. The following is press release from Otis & Ahearn: We are pleased to announce that Otis & Ahearn has been selected as Boston’s Exclusive Affiliate for Christie’s Great Estates. The Christie’s name is synonymous with quality, integrity, and customer satisfaction; the marketing efforts of Christie’s Great Estates provide far-reaching exposure to a qualified [...]

The video above is a discussion based on a New York Times Op-Ed written by Paul Krugan regarding the economy and politics. What are your thoughts?

 What impact does the Bryant, Clarendon and the W Boston Residences have on Back Bay 3rd Q sales prices? Comparing 2010 with 2009 for Back Bay 3rd Q sales (excluding Braynt, Clarendon and the W): 3rd Q 2010 average Back Bay condo sales price – $943,049 3rd Q 2009 average Back Bay condo price – $872,898 ———- [...]