back-bay-condos-for-sale

Excerpt by Scott Van Voorhis from the Boston Courant:

They might not be priced like Candy Spelling’s $150 million Beverly Hills mansion, but Boston now boasts an array of mansions, penthouses and condos on the market for well over $10 million.

The 10 most expensive listings in Boston, culled from MLS and brokers, range from a 23.5 million 26-room Beacon Hill mansion to Tom Brady’s penthouse at 310 Beacon Street, on the market for a cool $10.9 million.

Multimillion-dollar condo sales once were a big deal in the Hub, but no more. The boom in luxury real estate that has transformed downtown Boston over the past few years has also created a whole new elite category of properties, selling for prices verging on the tens of millions, not just millions.

The market for these mega luxury properties has grown as downtown Boston increasingly becomes a magnet for the super wealthy, from sports stars like the Patriots quarterback to financiers.

And while the sales of luxury properties have slowed overall, brokers hawking Boston’s most expensive listings are betting on growing interest as the economy starts to regain footing.

“Boston is a changing market,” said Tracy Campion, whose downtown real estate firm is selling at least three of the top 10 listings. “The demand is out there for these luxury, high-end units.”

So how many condos and/or townhomes sold so far in ’09 for $10M or more? The answer – Zero.

Author Profile

John Ford
John Ford
EXPERIENCE

Over the course of 20 years in the Boston downtown real estate market, John represented and sold numerous, condominiums, investment and development properties in Greater Boston and in the surrounding suburbs



In addition to representing Boston condo buyers and sellers, John is currently one of the most recognized Boston condo blog writers regarding Boston condominiums and residential real estate markets. John's insights and observations about the Boston condo market have been seen in a wide variety of the most established local & national media outlets including; Banker and Tradesman, Boston Magazine The Boston Globe, The Boston Herald and NewsWeek and Fortune magazine, among others.



HISTORY

For over 24 years, John Ford, of Ford Realty Inc., has been actively involved in the real estate industry. He started his career in commercial real estate with a national firm Spaulding & Slye and quickly realized that he had a passion for residential properties. In 1999, John entered the residential real estate market, and in 2000 John Started his own firm Ford Realty Inc. As a broker, his clients have come to love his fun, vivacious, and friendly attitude. He prides himself on bringing honesty and integrity to the entire home buying and selling process. In addition to helping buyers and sellers, he also works with rental clients. Whether you’re looking to purchase a new Boston condo or rent an apartment, you’ll quickly learn why John has a 97% closing rate.

AREAS COVERED

Back Bay

Beacon Hill

Charles River Park

Downtown/Midtown

North End

South End

Seaport District

South Boston

Waterfront

Brookline

Surrounding Communities of Boston
Contact
John Ford and his staff can be reached at 617-595-3712 or 617-720-5454. Please feel free to stop by John's Boston Beacon Hill office located at 137 Charles Street.




John Ford
Ford Realty Inc
137 Charles Street
Boston, Ma 02114

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