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Archive for the 'Boston condo prices' category

Downtown condo prices now averaging near $1 million each

The first two sentences say it all: The price of living in the heart of Boston is fast approaching an average of $1 million, as condominium sales sizzle and values surge. Condominium sales in downtown Boston and surrounding sections — including Beacon Hill, the Back Bay, and the South End — jumped more than 17 [...]

The condo bubble is here

Scott thinks the condo bubble has arrived: The median condo sale price across the state appears to have hit a new record in August, weighing in at nearly $320,000, The Warren Group reports this morning. That smokes that last high water mark, set back in August 2005, when the median price of a condo in [...]

Downtown Boston condo prices soar

From the BBJ on second-quarter data: Nine of the dozen downtown neighborhoods saw median prices rise. The North End saw the biggest jump to $484,500, up 21. 4 percent compared to the same period a year ago, Charlestown’s median swelled to $514,500, a 15.4 percent hike, and South Boston median prices increased to $425,000, a 12.8 [...]

Mass. home sales – but not condos – soared last month

Home sales rose in June across the state, driving up prices by 9 percent to $350,000 compared to a year ago, the Warren Group reported this morning. But condo sales actually declined last month by about 3 percent – and yet prices rose by 3.2 percent to $320,000. The culprit: Inventory, or lack thereof. Coincidently, [...]

Boston’s sky-high condo fees — mostly

The Boston Courant has a great story this week about condo fees in various neighborhoods, including a $10,000-plus/month fee at the Mandarin. The Midtown area has the highest median condo fees in the city ($900 plus), which is no surprise when you think about the Ritz condos there, etc. Back Back is above $500 while [...]

South End condo sales 3rd Q

Boston South End condo sales data for the 3rd Q: 2006 – 242 sales. Median sales price $462,000 2007 – 231 sales. Median sales price $520,000 2008 – 244 sales. Median sales price $538,000 2009 – 231 sales. Median sales price $510,000 2010 – 151 sales. Median sales price $524,480 2011 – 177 sales. Median [...]

Will mortgage interest rates stay low?

That mortgage loan prices are at historic lows is widely known (my email’s spam folder is full of reminders). What’s not as clear is why are rates so low and, more importantly, will they continue to stay low. The Wall Street Journal has a fine article out today, Reasons Why Mortgage Rates Are Staying Low, [...]

Boston’s realistic condo prices

I must say I enjoyed reading this article: Cities with realistic home prices.Your thoughts?

Boston Midtown Condos 4th Q

Boston Common condos that sold in the 4th Q of 2011 compared to 2010: Number of Boston Common/Midtown sales 2011 – 27 Number of Boston Common/Midtwon sales 2010 – 26 Average Boston Common/Midtown sales price 2011 – $1,220,586.00 Average Boston Common/Midtown sales price 2010 – $1,039,838.00 Average Boston Common/Midtown sales price per sq ft – [...]

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

  • Tyler Mills, Lenders go into overdrive to clear out backlog of delinquent mortgages: Instead of forcing out the...
  • warren currier, ‘Boston’s faux housing boom’: Scott, Do you own any units in Boston? Supply /...
  • Nishant, Major Developers: Affordable homes can only be built outside downtown Boston: Yes, this is correct that...
  • warren currier, Done deal: Dr. Dre buys Tom and Gisele’s mansion for $40M: The property is located in LosAngeles,...
  • JS, Despite predictions, inventory of homes for sale continues to fall in Mass.: One thing that could be holding...
  • dcmhomebuyers, For 74 Beacon Street, it was the kitchen, stupid: Nice house. I think front section to location of...
  • Johnd478, Five signs you’re a ‘renter for life’: I just couldnt depart your site prior to...
  • Dionis Padron, Downtown condo prices now averaging near $1 million each: great article but prices for standalone...
  • John Ford, Charles Ponzi’s old Lexington home for sale at $3.3M: That’s a great idea. Anyone have an idea how...
  • Rich, Charles Ponzi’s old Lexington home for sale at $3.3M: Speaking of Mr. Ponzi, he ran his Ponzi scheme out of an...
  • amparo bracero, Big changes in store for Tremont Street?: I will love to comunicated my self with aida I was one of...
  • warren currier, Low mortgage rates may partly explain low inventory: The banks are making it very hard to get a loan....
  • Kiki, ‘Our biggest impediment’: Inventory: A quick maybe unrelated question. What’s a typical or...
  • JS, Hey, let’s tear down most of downtown Boston for the Olympics: I agree, and I resent the commission describing us...
  • PROPERTY MANAGEMENT COMPANIES in Carlsbad CA, ‘Our biggest impediment’: Inventory: good blog
  • Phoenix property management, Blog: As you may have noticed I am having problems with the comment section of the blog....
  • Phoenix property management, Get your very own ‘mushroom house’: Good post. i like it so much.
  • Phoenix property management, Get your very own ‘mushroom house’: Good post. I like it
  • PROPERTY MANAGEMENT COMPANIES in Carlsbad CA, California dreamin’ on such a winter’s day …: Good post...
  • Borris C., ‘Friendly competition’ keeps Seaport rents as high as possible: Sounds like good old-fashioned collusion...

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