Comparing 3rd Q Boston condo sales of 2010 with that of 2009:
2010: Total number of  Boston condo sales: 2,065
2009: Total number of  Boston condo sales: 2,798
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2010: Total Boston condo sales volume: $942,719,453
2009: Total Boston condo sales volume: $1,156,627,729
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2010: Boston condo median sales price: $369.250
2009: Boston condo median sales price: $341,750
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2010: Boston condo average sales price: [...]

The Massachusetts Realtors Association reported:
Inventory and Days on Market:
The inventory of single-family homes as of September 30, 2010 increased 13.0 percent from September 2009 (28,676 listings in 2009 to 32,475 listings in 2010) which translates into 9.9 months of supply in September 2010.  This is up from 8.4 months of supply last year and up [...]

3rd Quarter 2010 Information:
The number of single-family homes sold in the third quarter of 2010 was down 20.7 percent compared to the same time last year (9,450 homes sold in 2009 to 11,920 homes sold in 2010).  Median selling prices were up 5.0 percent from $304,900 in 2009 to $320,000 in 2010.
The condominium market experienced a [...]

Looking for a good deal on a Beacon Hill building? If so, give me a call at 617-595-3712 or call Linda Mitrano on her cell at 617-512-4557.

As this blog noted last week, there’s been a huge push in lending to apartment and multifamily developers – at least $264 million so far this year according to Banker & Tradesman. The Globe follows up with a story in today’s paper that’s a kind of round up of recent apartment projects underway. Here’s some [...]

Not much new in the Boston Herald’s report that the Bryant is having its 11-unit auction on November 7, aside from mentioning that the developer (Vornado) has hired a Accelerated Marketing Partners to help with the auction. Jon Gollinger at Accelerated made sure everyone got the message: “Vornado has made a decision . . . [...]

Colleen Sullivan a Banker & Tradesman staff writer wrote an interesting article today, asking the question: Will the W Boston Residences need to go into a foreclosure auction?
The following are a few excerpts from the article:
Buyers Balk At W Bankruptcy
Though sales have been slow since the beginning, the fact that the W’s developers, SW Boston Ventures, declared Chapter 11 [...]

Beacon Hill condo sales from January 1, 2010 – October 1, 20010:
Number of Beacon Hill condo sales: 127
Average Beacon Hill condo sales price: $713,028
Median Beacon Hill condo sales price: $517,500
Average days-on-market for a Beacon Hill condo: 92
Beacon Hill condo sales from January 1, 2009 – October 1, 2009:
Number of Beacon Hill condo sales: 134
Average Beacon [...]

Boston Common (Midtown) condo sales from Jan 1st – October 1st for 2009 and 2010:
BOSTON COMMON CONDO SALES 1/1/09 – 10/1/09
Number of Boston Common condo sales: 54
Average Boston Common condo sales price: $911,653
Median Boston Common condo sales price: $701,000
Average Boston Common condo price per sq ft: $755.00
Average days-on-market for Boston Common condo – 130
BOSTON COMMON [...]

One of my agents just spoke with the marketing representative from Audubon Park, she was informed that there’s only one – 2 bed/1 bath condo for sale. This remaining condo is 1,055 sq. ft. with an asking price of $435,000. In addition, there is only one parking space left with an asking price $55,000.
More info call Ford Realty at 617-720-5454.