Condos sold at the Boston W
Midtown – W Boston # 23A Status: Sold Price: $710,000 Type: Condo
Bedrooms: 1 Bathrooms: 1 Sq. Footage: 878 $/Sq. Foot: $808.66
Condo Fee: $838.00 Bldg Loc: Space: None Parking: Deeded Garage(1)
Description: W Boston in it’s iconic glass [...]

Boston luxury condo sales at the Ritz Tower (Boston Midtown) between January 1, 2011 throgh August 14, 2011:
Number of Boston Ritz Tower luxury condo sales: 11
Average Ritz condo sales price:: $1,896,591
Avg. sale price per square foot:: $963
Average days on the market: 183
Presently MLS has 30 Ritz Tower luxury condos for sale. The average days on the market for [...]

The Boston real estate quote of the day is from a Boston real estate blog reader when asked by another reader: What happened to the 5 star restaurant at 45 Province???
The response from a blog reader named Batmarch:
You don’t put a five star restaurant in a three star building with a 1 star location.

A few updates on 45 Province Street. The Abbey Group announced that the Torit Language Center Montessori school will occupy two floors at the 45 Province luxury condominium tower.
According to the Abby Group, 45 Province Street has sold 42 luxury condos out of 137.

With the “heat” of the basketball playoffs  in full swing,  I thought I would share with you some famous basketball palyers mansions and how much (we collectively) they paid for their luxury homes.
LeBron James
Love him or hate him, he still lives like a King (James):

Price: $11,900,000
Location: Coconut Grove, Florida
Square footage: 12,178
Bedrooms: 6
Baths: 8 full, 1 half
File [...]

Comparing the Boston W condo fees with that of the Ritz Carlton Towers (Boston Common) based on two bedrooms under 2,000 sq ft and one deeded parking space.
Boston W Condo Fees
1,286 square foot condo - $1,320.00 condo fee.
1,446 square foot condo - $1, 200.00 condo fee
1,794 square foot condo – $2,045.00 condo fee.
1,794 square foot condo – $2, 260.00 condo fee.
1,872 square [...]

MLS #
 
Address
 
Description
List Price

71208339
 
182 W Canton St
 
12 room, 4 bed, 4 bath 2/3 Family
$3,450,000

71208958
 
21 West Cedar Street
 
8 room, 3 bed, 2 bath 2/3 Family
$2,450,000

71209386
 
285 Beacon St.
 
5 room, 2 bed, 2 bath 2/3 Family
$1,325,000

71208166
 
16 Upton Street
 
7 room, 3 bed, 2 bath 2/3 Family
$1,249,000

71209306
 
29 Marlborough St
 
4 room, 2 bed, 2 bath 2/3 Family
$1,160,000

71208489
 
51 [...]

New Real Estate Listings - Updated April 03, 2011

MLS #
 
Address
 
Description
List Price

71208339
 
182 W Canton St
 
12 rm, 4 bed, 4 ba luxury condo
$3,450,000

71207784
 
1 Avery St
 
5 rm, 2 bed, 2 ba luxury condo
$2,595,000

71208958
 
21 West Cedar Street
 
8 rm Midtown luxury condos
$2,450,000

71207897
 
100 Beacon Street
 
7 r,, 3 bed, 2 ba luxury condos
$2,375,000

71207765
 
40 Battery Street
 
7 rm, 2 bed, [...]

Boston W Back Bay (Midtown) luxury condo sales for March 2011. The following sales data was obtained by LINK via Suffolk Registry of Deeds.
 Boston W Residences had six luxury condo sales in the month of March. Presently, they’re averaging two per month in 2011 (No sales in Jan & Feb) according the the bankruptcy court ruling they need to sell [...]

Let me try again to calculate the absorption rate, this time with the Boston W Residences. Remember the absorption rate is NOT an exact science. Figuring it is based on the premise that one will be looking for a trend. This is how I calculated the absorption rate for The Boston W Residences:
 

How many listings are currently on [...]