On August 26, 2010 The Clarendon Back Bay recorded their 34th 35th closing. The purchase price was $1,050,000 and included one deeded garage parking space.
This was a 22nd-floor, one-bedroom plus, two-bathroom, 1,134 square foot condo, approximately $925.93 per square foot.
The building is now approximately 33 percent occupied.

Real estate sales are up in these two Boston neighborhoods:

According to the Regisrty of Deeds the W sold another condo on August 12, 2010. The unit was 22J, one bedroom, one bath that sold for $750,000.
Total units sold 18 out of 122-unit building.

The following are million dolllar plus condo sales for July 2010:
1. 68 Marlborough #E
List price: $1,099,000 – Sales Price: $1,050,000
Sales date: 7/28/10
2. 160 Commonwealth Ave. #618
List price: $1,119,000 – Sales price: $1,065,000
Sales date: 7/30/10
3. 1 Charles Street #11C
List Price: $1,695,000 – Sales price: $1,535,000
Sales date: 7/30/2010
4. 220 Boylston Stree #1007
List price: $1,295,000 – Sales price: [...]

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The excerpts below are from a Banker & Tradesman article regarding the surge in single-family homes sales in Massachusetts for the month of June:
More than 5,700 single-family homes sold in Massachusetts in June, the highest amount for any month since June 2006, according to the latest report by The Warren Group, publisher [...]

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Colleen Sullivan has an interesting article in Bankers & Tradesman about how the Massachusetts million dollar-plus home market is heating up. Below are excerpts from Colleen’s article:
Sales at the high end of the market have increased markedly over the past few months, with some Massachusetts towns seeing homes sales in the $1 [...]

The American Brewery Lofts located at 251 Heath Street, Jamaica Plain, MA will be auctioning off the remaining 21 condos on Saturday, June 26, 2010, at the Colonnade Hotel.
A few of the units will be listed 57% below the orginal asking price. Miniumum bids on some units will start as low as $170.00 per sq [...]

Boston Condo price reductions
$800,000 to $899,999 number of Boston condos on the market: 69
$800,000 to $899,000 number of Boston condos w/ price reductions: 39
$900,000 to $999,999 number of Boston condos on the market: 46
$900,000 tp $999.999 number of Boston condos w/ price reductions: 26
$1,000,000 to $1,200,000 number of condos on the market: 61
$1,200,000 to $1,200,000 [...]

Yesterday, I reported on how the sellers at the Mandarin were in the red with sales this year. But its not all bad news, avg and med sales prices for luxury Boston condos ($800k and above) are exceeding 2008.
1/1/2010 – 6/1/2010
Number of Boston luxury condo sales: 189
Avg Boston luxury condo sales price: $1,766,427
Med Boston [...]

The new marketing team at 45 Province Street appear to be on the right track. According to MLS, three Boston luxury condos at 45 Province are now under agreement. I’m happy to report that Vilma in my office just recently put one of the three units under agreement. Vilma spoke very highly of the new [...]