Similar to how I wrote about the Boston real estate market in April and May (sorry - I skipped June), here are the Top 5 highest and lowest priced Boston condos sold in July.
The price range is always astounding to me - this month the highest priced condo in Boston sold for 100 times more than the lowest priced condo. And these two properties are only a hair over 2 miles away from each other - easily walkable. Two miles and 100x the price. Amazing. And this is even a smaller price range difference than in either May or April!
Number Sold: 464 (411)
Average list price: $449,546 ($486,463)
Average sale price: $432,749 ($464,784)
Average discount ratio: 3.7% (4.5%)
Average days on market: 95 (89)
Average price per square foot: $444 ($465)
Total market $ volume: $200,795,740 ($191,026,021)
Here are the 5 lowest price condos sold in Boston in May. I have included a photo, quick specs, and the first line of the description from MLS to provide a little background.
37-39 Folsom St - Unit 6
Dorchester
3 Bed | 1 Bath
Sale Price: $29,000
Bank Owned condominium. Investor Alert. Building in need of extensive repairs. No Condo Association.
Dorchester
1 Bed | 1 Bath
Sale Price: $30,000
This cozy first floor level unit is located on the bus line with easy access to shopping and so much more, bring your offer.
15 Boyden St - Unit 4
Boston
2 Bed | 1 Bath
Sale Price: $35,000
Please be advised that this property is listed post-foreclosure, and therefore caution should be exercised by brokers and their clients during any entry and inspection of the premises.
Dorchester
3 Bed | 1 Bath
Sale Price: $37,900
Good Location near public transportation. Offer, pre-approval and/or proof of funds copy of earnest money deposit check, name, email and contact information for the buyers, buyers broker, buyers attorney and mortgage broker on the over cover sheet.
Dorchester
2 Bed | 1 Bath
Sale Price: $39,000
Please be advised that this property is listed post-foreclosure, and therefore caution should be exercised by brokers and their clients during any entry and inspection of the premises.
Boston: South End Condo
3 Bed | 3.5 Bath
Sale Price: $1,875,000
Dramatic Parlor, Street and Garden Triplex offers 3+ bedrooms, 3.5 baths, deck off kitchen, private rear patio and 2 direct access deeded parking spaces.
Boston: Back Bay Condo
2 Bed | 2.5 Bath
Sale Price: $2,500,000
Five star living at the Mandarin Oriental w/full hotel services incl resident access to a lavish spa, wellness center, yoga/meditation, & Middle Eastern inspired Hammam.
Boston: Beacon Hill Condo
3 Bed | 3.5 Bath
Sale Price: $2,650,000
Recently completed! Exceptional 3 bedroom duplex with private terrace and courtyard.
Boston: Beacon Hill Condo
3 Bed | 3 Bath
Sale Price: $2,695,000
Elegant, sun filled, seventh floor cooperative apartment in a distinctive corner, doorman building.
Boston: South End Condo
3 Bed | 2 Bath
Sale Price: $2,975,000
The Bryant on Columbus, an intimate enclave of 50 homes in a fabulous location, between Clarendon & Dartmouth Sts.
That's it for this month's edition of "perspective" on the Boston real estate market. As usual, amazing variation in Boston condos over just a few miles. If you have any questions about the market, just contact me and ask away!
What do you think of the difference in Boston condo prices? Comment below!
If you like what you're reading don't forget to subscribe by email or by RSS feed.
Looking for Boston condos or other property? Use our new map based search to search all Boston real estate for sale