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Archive for November, 2011


Black Friday: Boston real estate special

Today is called Black Friday, probably created by a retail marketing company to put Americans more in debt.  It’s a celebration (or, err, orgy may be the more appropriate word) of buying stuff — and getting it at seductive discounts.
No, no — don’t go cancelling Black Friday on my account. I want you to have [...]



For sale: East Cambridge tower … with some ‘tenants’

The state is moving to sell the Middlesex County Courthouse.
But there are a couple of buyer-beware caveats. First, the 22-story building is stuffed with asbestos. OK, developers have dealt with such tricky problems before. But the building also has some tenants. Not paying tenants. But non-paying tenants who all generally want to break their leases: [...]



The epic drama is over: Manny has finally sold his condo

Six long years after putting his Ritz condo on the market, Manny has finally sold the Boston abode for $5.5 million.
He’s lucky. He lost “only” about $300,000 compared to what he paid for it in 2001, though it’s $3 million short of what he once was asking for it.
It was the most ridiculously long [...]



Beacon Hill condo sales Jan 1st – Nov 1st.

Boston Beacon Hill condo sales from January 1st through November 1st for 2100 and 2011.
Number of Beacon Hill condos sales 2010 – 135
Average sales price for a Beacon Hill condo 2010 – $702,866
Median sales price for a Beacon Hill condo 2010 – $520.000
Average price per square foot Beacon Hill condo 2010 – $704.00
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Number of Beacon [...]



Boston real estate broker: Thanksgiving agenda

Much to say: In the next three days here’s my agenda, in case you care.
1. Tomorrow, the busiest traffic day of the year, I’ll be sitting near the cafe car on the Amtrak Acela.
2. Thursday, eating Turkey and watching the Detroit Lions footballl game.
3. Black Friday, like most Americans, I plan to shop, around 10am [...]



Back Bay Condos Sales: Jan 1st – Nov 1st

Comparing Boston Back Bay condo sales from Jan 1st – Nov 1st 2011 with 2010..
Number of Back Bay condos sales 2011 – 381
Number of Back Bay condos sales 2010 – 395
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Average Boston Back Bay condo sales price 2011 – $1.172,689.00
Average Boston Back Bay condo sales price 2010 – $1,122,541.00
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Median Boston Back Bay condo sales price [...]



Three stories about duct tape

I have three short stories to tell you regarding duct tape. I promise you each story is more extreme than the first.
Since the Patriots weren’t playing Sunday, Mona thought it would be a good idea if I fixed some items around the house. We started in the basement (we also ended there) and we noticed [...]



Summing up the local housing market in one word: Blah

The Globe has a big piece about our dysfunctional housing market.
Granted, we’re not as bad off as other cities. But prices are still down 15 percent from pre-recession peaks, sales this year are expected to hit their lowest level in 20 years, and there’s no sign of a sustained recovery.
To top it all off: [...]



Freddie’s new friend: Newt

For every Boston real estate office, some rain must fall. Likewise, Newt has a storm over his head, resulting from his realtionship with Freddie Mac.
So here’s the Boston real estate quote of the day:
Gingrich was on the wrong side in the housing fight, but hey, he needed the money.



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

  • Boston Agent, Something is going on with the Boston condo market… : Confused: too funny
  • confused, Something is going on with the Boston condo market… : Yawn…has to be at least 5 years in a row...
  • Rich, Boston’s housing market collapse: Late 1980s vs. 2012: What’s different this time around, is that...
  • Denver Handyman, Boston’s housing market collapse: Late 1980s vs. 2012: Good to know about your blog i have...
  • Greg Vardaro, How confusing is it to buy a cell phone?: What did you end up getting? The salesperson here is more...
  • Jenny Tabassum, New Boston condo sales listings for 2/9/12: Hi, You are posting a nice & beautiful article, Thank...
  • Rich, New plans unveiled for Herald’s old South End site: My wife wants to see either a Whole Foods Market or a...
  • Rich, Downtown Crossing’s Big Hole to be filled?: This is of course good news. However, let’s not get too...
  • Seyi, Offer to purchase can be binding: I agree Gerry, I uusllay flag my listings until the home inspection issues...
  • Gloriane, Boston condo sellers: Can they specify a lender with an offer?: BS low – ratioalinty high! Really...
  • JohnF, Charles Street Retail Space Available for Rent: Thanks Bill, I spoke with your wife and I’m sure we can...
  • Bill, Charles Street Retail Space Available for Rent: I am looking for a small retail street level retail space for...
  • 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...

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

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    New Beacon Hill condo

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

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    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.

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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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