The Clarendon sold another condo yesterday. Unit 16A sold for $1,000,000. This would be the 36th unit that sold at The Clarendon.
File Under: Good job!

The Boston Globe reports on the new $60 million Liberty Wharf Pier project in the Seaport District which is almost finished. This is the old site of Jimmy’s Harborside, which will now feature a new 4,000 square foot Legal Seafoods complete with rooftdeck, three other restaurants, outdoor seating and public marina with floating docks for [...]

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.

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: [...]

Two thumbs up for the marketing team at 45 Province Street on another closing.
45 Province Street #2601 list price – $2,300,000
Closed on 7/26/2010 for $2,175,000.00

Click chart to enlarge
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 Boston Herald reported today that the W has come up with a new idea to increase sales. The Hub developers of the W Hotel and Residences are allowing groups to hold parties at no cost in their 20th-floor model units. The move is intended to spur sales of the 123 posh condos, of which [...]

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 [...]