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Archive for June, 2011


Fed: Boston economy improving – but not housing

The Federal Reserve’s Beige Book reported continued improvements in the Boston and New England economies. The high-tech and software sectors are doing particularly well, along with manufacturing and staffing-services firms. Even commercial real estate is starting to see a thaw in business. But (and there’s always a ‘but’) your favorite sector isn’t doing all that [...]



Quote of the day

“Christmas is a time when kids tell Santa what they want and adults pay for it. Deficits are when adults tell the government what they want and their kids pay for it.” —Richard Lamm



Thought of the day

Did you know that 54,000 new jobs were created last month & half them were McDonalds jobs? And that hiring probably wouldn’t have happened if Mickey D’s hadn’t been given a waiver from Obamacare. Is this the recovery Obama is talkng about? File Under: I’ll take fries with that.



Herald’s South End property slated for apartments

The Herald is reporting that its current 6.2 acre site at 300 Harrison Ave. could be developed into 262 luxury apartments and 64,000 square feet of retail space. The Herald, which no longer prints its paper at its plant on Harrison Avenue, had previously teamed up with National Development to come up with a development [...]



Harvard: Housing market flunks

It’s official: Harvard refuses to give the U.S. housing market a passing grade. At least the rental market is pretty strong, the report notes, though we know more than a few people who don’t view higher rents as a sign of a healthy market. File under: Housing 101



Real Estate marketing

Okay, you’ll enjoy this one. Real estate mogul Barbara Corcoran was interviewed by Matt Lauer a few days ago. Corcoran stated that potential buyers should be aware that some real estate brokers may go overboard in marketing their listings. She also made comments that potential buyers should question square footage, be aware of wide angle [...]



Beacon Hill Buildings for Sale

I presently obtained a listing for two Beacon Hill buildings for sale. The first one is $1.5M and the second one is $1.7M. Both have five floors and are walk-through units. My first showing is tomorrow at 2:00pm. If you’d like more information or schedule a showing please call Linda Mitrano on her cell at [...]



Attention Sellers: The truth about Sunday Open Houses

If you’ve been reading this blog for any length of time, you know I’m not a big supporter of Sunday Open Houses. If you’re a Boston condo seller, watch this so-called real estate training video and you’ll understand why.



Boston Real Estate Blog: Comment Posts

I’ve had several requests that I bring back the comment posts back to the top of the homepage. I’m going to have my tech person make this correction hopefully before the end of the daysoon.



Battle over mortgage deduction heats up

The battle over whether to eliminate one of the nation’s largest tax breaks — i.e., the mortgage deduction — is heating up in Washington. It’s a bruising political fight, involving tens of millions of dollars in lobbying expenses. No surprise there. This is probably the biggest housing issue now before Congress, with the potential to [...]



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 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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