I know posting has been a bit slow around these parts lately (sorry!) but I'm working on a few new website enhancements for this site and also for our Boston Apartments site that have been keeping me busy. I'm planning to get back to a more regular writing schedule over the next few weeks, but in the meantime I'll try to try to keep you updated on the Boston real estate market the best I can - it's a strange market out there right now! Anyway, here's a quick statistical update for the past month's data:
Boston condo market statistics for September 2009
315 Boston condos in total were sold in September 2009 for a total value of $142,587,900 and here's a summary of the market statistics from MLS
(with August 2009 stats in italics and September 2008 in parenthesis as comparison):
Number Sold: 315 456 (311)
Average list price: $477,502 $498,642 ($550,437)
Average sale price: $452,660 $476,203 ($525,300)
Average discount ratio: 5.2% 4.5% (4.6%)
Average days on market: 105 106 (98)
Average price per square foot: $453 $484 ($526)
Total market $ volume: $142,587,900 $217,148,568 ($163,368,300)
Notable Boston condo sales from September 2009
Here are the 5 lowest and highest priced Boston condos sold in September. I have included a photo, quick specs, and the first line of the description from MLS to provide a little background.
Top 5 Least Expensive Boston condos sold
5 Creston Pk - Unit 3 | Dorchester
3 Bed | 1 Bath
Sale Price: $30,000
Subject to Third Party Approval. Sold "as is". No utilities are on at present time.
14 Lyndhurst St - Unit 1F | Dorchester
1 Bed | 0 Bath
Sale Price: $44,900
Fannie Mae owned. This unit is under construction. There is no kitchen and no bathroom. This property will not qualify for financing.
138 Ballou - Unit 3 | Dorchester
2 Bed | 1 Bath
Sale Price: $50,000
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.
69 Moreland St - Unit U:2
3 Bed | 1 Bath
Sale Price: $58,000
Good sized condo, renovated within the last few years. Own for less than renting!
800 Washington St - Unit 3 | Boston
3 Bed | 1 Bath
Sale Price: $59,900
Third floor condo. Unit is in fair shape but there is NO CONDO ASSOCIATION = NO 6D = CASH DEALS.BANK SALE. SOLD AS IS.
Top 5 Most Expensive Boston condos sold
404 Beacon Street - Unit 4 | Back Bay
3 Bed | 2 Bath
Sale Price: 2,085,000
Luxurious 3bd, 2113 sqft Condo. Entire 4th Floor of a Converted 19th Century Corner Mansion w/Commanding River & City Views.
134 Beacon - Unit 102 | Back Bay
3 Bed | 3 Bath
Sale Price: $2,500,000
Height of elegance.Superb 2,427 sf parlor duplex (5 unit 2009 renovation) on prime waterside Beacon/Berkeley.
185 Marlborough - Unit 1 | Back Bay
3 Bed | 3.5 Bath
Sale Price: $2,500,000
Spectacular New Renovation on sunny side Marlborough Street.
196 Beacon St - Unit 3 | Back Bay
3 Bed | 3 Bath
Sale Price: $3,000,000
Located in a meticulously renovated 3unit waterside Beacon Bldg centrally located in Back Bay at Clarendon St.
220 Boylston Street - Unit 1220 | Back Bay
3 Bed | 3 Bath
Sale Price: $3,500,000
At Four Seasons Place. Very rare, front-facing, corner 3 bedroom unit with magnificent views of the Public Garden, down Boylston St and beyond.
