I wanted to find out if the government bailout is having any impact on our local real estate market. I conducted an informal survey on the attendance of yesterday’s Sunday Open Houses. The results are as follows:
Boston Proper
$175,000 – Studio condo open house conducted by Melane Collard William Ravis Realty. Attendance 5
$299,000 – Studio condo open house conducted by John Ford of Ford Realty Inc. Attendance 8
$329,000 – One bedroom open house conducted by John Keith of John Keith Realty. Attendance 40
$365,000 – One bedroom open house conducted by Mark Marsan of Red Brick Real Estate Attendance 8
$459,000 – Two-bedroom open house conducted by Marc Marsan of Red Brick Real Estate Attendance 6
$469,000 – One bedroom open house conducted by Thomas Dooley of Louisburg R.E. Attendance 10
$670,000 – Two-bedroom open house conducted by Skip Barry of Barry Group R.E. Attendance 13
$699,000 – Two bedroom open house conducted by David Brose of City Realty. Attendance 16
Brookline
$1,900,000.00 – Five bedroom open house conducted by Linda Mitrano of Ford Realty Inc. Attendance 23
Conclusion: At this time the government bailout crisis appears to have no effect on the local real estate market in Boston proper or in Brookline as it applies to Sunday Open House attendance. What are your thoughts?
