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Archive for the 'Boston condos '09' category


Boston real estate blogs versus Twitter & Facebook

The New York Times has an article called, “Blogs Wane as the Young Drift to Sites Like Twitter.”
So here’s my question to you. Do you think that social media (Twitter) updates will replace real estate blogs? Share your thoughts. Would Twitter and Facebook updates be more enticing for you to read instead of more lengthy real [...]



Comparing Jan/Feb Boston Condo Sales Stats

Boston condo sales stats Jan & Feb 2010 compared with 2009.
Sold Statistics – Jan/Feb 2010
Listings Sold: 442
Avg.: $486,358
Median: $319,375
Avg. $/SF: $427
Avg. DOM: 133
Sold Statistics – Jan/Feb 2009
Listings Sold: 394
Avg. $: $377,994
Median $: $276,250
Avg. $/SF: $350
Avg. DOM: 114



Boston Condo Sales – December ‘09 Numbers

The headlines in today’s newspapers state that: “Housing sales fall by 16.7%” But how did the Boston condo market do? Well, according to LINK December ‘09 sales were up compared to the same month in ‘08.
According to sales numbers tracked by LINK:
December 2009
Number of Boston condo sales – 363
Avg. Boston condo sales price – $463,074.00
Median [...]



Boston MA Real Estate

According to ZIP Realty survey, the percentage of homes (Boston area) whose prices have been reduced as of 10/31/09 was 46.1%.
The percentage of change in the number of homes listed for sale at the end of October compared to a month earlier is a negative -3.7%.
View today’s new Boston condos for sale



Pending Home Sales

From the Boston Globe:
The volume of signed contracts to buy previously occupied homes rose for the eighth straight month in September as buyers scrambled to take advantage of a tax credit for first-time owners that expires at the end of this month.
The National Association of Realtors said Monday its seasonally adjusted index of sales agreements [...]



Boston Luxury Condos – Boston Waterfront 2nd Q Sales

The following is from LINK – 2nd Q sales for Boston Waterfront condos.
2003 – $422,500.00 median condo sales price 2nd Q
down -12.80% from the year before.
2004 – $550,000.00 median condo sales price
up +30.18%
2005 – $676,000.00 median condo sales price
up +22.19%
2006 – $685,000.00 median condo sales price
up +1.33%
2007 – $770,000.00 median condo sales price
up +14.07%
2008 – [...]



Boston South End Condos

A blog readers emailed me and wanted to know how South End condo sales are doing this year compared to last.
Here’s your answer:
1/1/09 – 7/9/09
South End condo sales – 258
1/1/08 – 7/8/08
South End condo sales – 447
Average South End sales price ‘09 – $594,637.00
Average South End sales price ‘08 – $639,700.00
Median South End sales price [...]



The E-Mail Handshake

Can real estate negotiations be conducted entirely via e-mail? How much and what kind of information can be shared online? Are there times when agents and clients should put their BlackBerrys away and pick up the telephone? Are exclamation points and smiley faces unprofessional?
Your thoughts?
Read more: NY Times
View today’s new Boston condo listings



Boston condo price reductions

Trulia has recently added a tool that allows potential buyers to view price reductions for each property listing on their site. Buyers can also narrow their search to include only homes that have seen price cuts. So I checked out Boston for price reductions and found the following.
Boston condo price reductions
Last seven days – 41 [...]



First-time buyers driving the housing market

Today’s Boston Globe has an article on how low mortgage rates, falling prices, and a tax credit are luring first-time buyers into the market.
Karl Case, co-founder of the SP/Case-Shiller home price index is stated as saying “The lower end is where the action is.”
read more Boston Globe



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

  • sikka kaamna greens, Millennium vows to build a tall tower in the Big Hole: Thank you for providing useful...
  • 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...
  • 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+...

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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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