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Archive for September, 2011


Back Bay condos sales from Jan 1st – Sept 25th

Comparing Back Bay condo sales of 2011 with that of 2010, between the dates of January 1st through September 25th.
Back Bay condominium sales from 1/1/11 – 9/25/11:
Number of Back Bay condo sales – 340
Average Back Bay condo sales price – $1,176,164.00
Median Back Bay condo sales price – $795,000.00
Average Back Bay condos sales price per sq [...]



Real estate news: Credit report myths

Before you start your home search for a Boston condo, here are eleven credit report myths you should be aware of:
Paying my debts will make my credit report instantly pristine
Credit counseling always destroys my credit score
Canceling credit cards boosts my score
Too many inquiries hurt my score
Checking my own credit report harms my standing
FICO scores are [...]



“While money doesn’t buy love, it puts you in a great bargaining position.” —Anonymous



Boston condos under agreement per neighborhood

Number of Boston condos under agreement:
Back Bay – 49 condos under agreement.
Beacon Hill – 12 condos under agreement.
Brighton – 20 condos under agreement.
Charlestown – 15 condos under agreement.
Dorchester – 38 condos under agreement.
East Boston – 13 condos under agreement.
Midtown – 5 condos under agreement.
North End – 3 condos under agreement.
South Boston – 47 condos under [...]



Boston condo inventory by neighborhood

Boston condo inventory:
Back Bay – 199 condos for sale.
Beacon Hill – 61 condos for sale.
Brighton – 77 condos for sale.
Charlestown – 110 condos for sale.
Dorchester – 112 condos for sale.
East Boston – 33 condos for sale.
Midtown/Boston Common – 42 condos for sale.
North End – 43 condos for sale.
South Boston – 198 condos for sale.
South End [...]



Boston Real Estate, Mad Men, and the Patriots

You might be asking yourself: “What does Boston real estate, the TV show Mad Men, and the Patriots have in common?”
Simple answer: Nothing. Unless, of course, you’re me and in love with Mona.
I know you already realize this, but compromise is the key to a successful Boston real estate deal. It’s also the key to [...]



German investors snap up Newbury Street properties

A German-backed investment group is buying 22 buildings along Newbury Street for about $180 million. One word: Wow.
The properties include retail shops, galleries, apartments, offices, etc. Check out the Herald’s photo graphic accompanying the story to see if one of your buildings (or one of your clients’ buildings) is among the “Newbury Line” portfolio of [...]



Go on, take the ($24 billion) and run…

The above real estate video may take a few seconds to properly load.



Joe Tecce’s to build 32 luxury condos in North End

The owners of the struggling Joe Tecce’s restaurant want to build 32 luxury condos at its 61 North Washington Street site in the North End. They say they need to do it to avoid bankruptcy.
Hmm. Other developers are moving away from luxury condos and toward rental apartments. But Joe Tecce’s is bucking that trend? Do [...]



1,2,3,4……….reasons why you are not in the market

According to recent reports by MLS, single home sales soared 19% this past August compared to last August. Condo sales were comparable – also rising 17% since last summer.
It seems that people are finally jumping back into the market and realizing that prices may drop a little more, but not enough to delay taking advantage [...]



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

  • Funny, Rents hit record high in Boston: It’s not just Boston. Did you know rents in Worcester for a small 1...
  • John Ford, The economy and the local real estate market: Good info – thanks Nemo
  • Funny, To paraphrase Tom Brady: Mass. homes sales sucked in 2011: Imagine what would happen if 10-15% was shaved of...
  • Nemo, The economy and the local real estate market: The Labor Department does have a rate that includes all workers...
  • John Smith, A message from a Boston Real Estate Mortgage Broker: Thanks for your valuable post.I would like to know...
  • Rich, MetLife exits large portions of the mortgage business: MetLife is a very clever operator. In 2006, they sold...
  • Rich, Why the Fed didn’t see the housing crisis coming: Oh please. After the dot-com crash of 2000, the NASDAQ...
  • Funny, Is home ‘ownership’ a fraud?: smells of a gold digger. Next step is how we’re really all...
  • Suburban reader, Is home ‘ownership’ a fraud?: Incomprehensible indeed. It seems (I think) to assume that...
  • Rich, Is home ‘ownership’ a fraud?: I found the article incomprehensible.
  • SeanMarkup, ‘Back to 1990s home prices?’: Bangalore real estate prices are kissing skies day by...
  • Jaypee Kosmos, Beacon HIll Restaurant Space Available: Thank you !!! nice information found here… Jaypee Kosmos
  • Will F., I found the 1% and it’s not in Boston: This is true… Washington DC is a city of 600,000+...
  • Howard County MD Real Estate, The big bets are on a housing recovery: I can also think that the housing market are...
  • beatspro, Boston Real Estate Discount Agencies & False Advertisements: C you might be dr dre tour beats...
  • Funny, I found the 1% and it’s not in Boston: http://www.osborneink.com/wp-c ontent/uploads/2011/11/cong...
  • Funny, Newt on housing: There’s really nothing conservative about the GOP… anymore. They’re a...
  • Funny, Quote of the day: He who passively accepts evil is as much involved in it as he who helps to perpetrate it. He...
  • Homes for sale in St. Catharines, A story about a Boston real estate agent: The most difficult concept for homeowners...
  • FreeMLS.US, The Fed clueless on the housing market: I own several real estate websites ( http://www.freemls.us...

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

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    New Beacon Hill condo

    New Beacon Hill condo furnished listing for rent

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    Two bedroom hardwood floors, laundy in the building, common roof deck.

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


    Classic Beacon Hill Duplex Condo

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

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

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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 3rf 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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