boston-bryant-luxury-condos

Boston Herald: Buyers Hit Condo Jackpot.

Here are the results from the Bryant Auction:

Unit # 602 3 bed/ 3 bath original asking price $1,976,250.
Under agreement for – $1,500,000.00
approx $765.69 per sq ft.

Unit # 601 3 bed / 3 bath original asking price $1,750,000.00
Under agreement for – $1,370,000.00
approx $716.15 per sq ft.

The Auction added unit # 603 3 bed / 3 bath under agreement for $1,485,000
approx $735.51 per sq ft.
The buyers have 24hr option to back out of the deal.

The Auction also added unit #406 3 bed / 3bath under agreement for $1,350,000
approx $623.55 per sq ft.
The buyers can opt out within 24 hrs.

Unit #401 3 bed/ 3 bath original asking price $1,692,000
Under agreement $1,335,000.00
approx $590.00 sq ft.

Unit #403 3 bed /3 bath original asking price $1,900,000
Under agreement for $1,366,000.00
approx $641.91 sq ft

Unit # 505 3 bed / 3 bath original asking price 2,050,000
Under agreement $1,350,000
approx $623.55 sq ft

Unit # 305 3/bed / 3 bath original asking price $1,695,000
Under agreement $1,325,000.00
approx $607.51 per sq ft.

Unit #404 3/bed 3/bath original asking price $1,900,000.00
Under agreement $1,350,000.00
approx $633.80 sq ft

Unit #801 3/bed 3 bath original asking price $2,295,000.00
Under agreement $1,352,000.0
approx $801.89 per sq ft.

The Auction ended with unit #801, so units #902 and the penthouse were canceled. By the time the auction reached units 902 and the penthouse, the room was almost empty, perhaps 5 to 7 real buyers left.

I would say approx 150 people were there at the beginning of the auction and perhaps 30 were real buyers.

My buyer left upset. She wanted to purchase the penthouse for $673.00 per sq ft. But they ended the auction before she had a chance to buy it.

File Under: Developer FAILURE

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

Comments

comments

Call Now