In 2010, there were 423 homes (single family and condos) in Boston sold for over $1 million equaling a total dollar value of $824,000,000.
That is UP 61.3% from 2009. Surprised? I am. So much for the "great recession", at least for the $1M+ market segment.
But hey, 2009 was a dismal year, so the luxury market being up comparatively in 2010 is no surprise....right?
But....2010 was UP more than 23% compared to both 2007 and 2008 as well.
Let's have a look at the Boston luxury market stats (data from MLS):
|
|
2010 | 2009 | 2008 | 2007 |
| # of Sales |
423 | 280 | 353 | 382 |
| D.O.M. | 162 | 164 | 143 | 141 |
| AVG Price | $1.947M | $1.824M | $1.896M | $1.742 |
| MED Price | $1.550M | $1.490M | $1.450M | $1.400M |
| MAX Price | $10.8M | $9.3M | $9.5M | $8.3M |
| Total Volume | $824M | $511M | $669M | $666M |
Here are the 15 most expensive sales in Boston for 2010 (including both single family and condo sales from MLS), just for a little peek at what you can get for, oh, say $4 million plus...
17 Commonwealth Ave Unit PH - Back Bay
3 Beds | 2 Full Baths, 1 Half Bath
Sale Price: $4,900,000
Square Feet: 3031
Exquisite Penthouse on the 1ST BLOCK of COMM AVE! A sophisticated duplex in a small 3-unit building on the sunny side of Comm Ave w/direct elevator access.
4 Beds | 3 Full Baths, 1 Half Baths
Sale Price: $4,950,000
Square Feet: 3771
Exceptional PH triplex located on the first block of Commonwealth Ave with 3 exposures and views from every room.
4 Beds | 2 Full Baths, 2 Half Baths
Sale Price: $5,000,000
Square Feet: 4600
4,600 sq.ft. townhouse at Harbor’s Edge! This magnificent home is located at prestigious Union Wharf.
4 Beds | 4 Full Baths, 1 Full Bath
Sale Price: $5,125,000
Square Feet: 4768
Walking into the 1100 sq ft living/dining room of this magnificent 4 bed plus study penthouse is breathtaking!
4 Beds | 3 Full Baths, 1 Half Bath
Sale Price: $5,400,000
Square Feet: 3758
Ultimate PH living! New construction & recently upgraded with sophistication and elegance by Holland Construction.
3 Beds | 3 Full Baths, 1 Half Bath
Sale Price: $5,500,000
Square Feet: 3564
Sought after Mandarin, corner front unit in the west building.
3 Beds | 4 Full Baths, 2 Half Baths
Sale Price: $5,950,000
Square Feet: 4837
On the Historic Public Garden, this stunning Parisian home with serene views of the Swan Boats and ancient trees, this home includes 5,000 square feet of elegant space with a formal fire placed Living Room complete with hand painted murals.
4 Beds | 4 Full Baths, 1 Half Bath
Sale Price: $6,250,000
Square Feet: 4140
Built during the roaring 20s, 100 Beacon, with its finely carved, reflects Classical Revival buildings of that heady era.
5 Beds | 5 Full Baths, 1 Half Bath
Sale Price: $6,500,000
One of the most beautiful residences on the Hill. Exquisite Greek revivial limestone town house overlooking the Public Garden.
4 Beds | 4 Full Baths, 1 Half Baths
Sale Price: $6,500,000
Square Feet: 4083
Premiere Back Bay living complete in premiere location.
4 Beds | 4 Full Baths, 1 Half
Sale Price: $6,500,000
Square Feet: 4553
Vacation in your living room ! Custom designed 4 bedroom 4.5 bath one of a kind home at Beautiful Battery Wharf.
4 Beds | 3 Full Baths, 1 Half Baths
Sale Price: $8,500,000
Square Feet: 6365
Grand Beaux-Arts double width Townhome on Riverside Beacon.This spectacular PH duplex offers panoramic Boston skyline and obstructed Charles River views.
4 Beds | 4 Full Baths, 1 Half Bath
Sale Price: $9,050,000
Square Feet: 5141
Mandarin Penthouse is the epitome of penthouse living in the city of Boston. Unmatched location, views, space (interior/ exterior) and interior finishes.
5 Beds | 5 Full Baths, 2 Half Baths
Sale Price: $9,350,000
Square Feet: 9786
Magnificent 5 bedroom Townhome on the 2nd Block of Commonwealth Avenue. Completely renovated with elevator, high ceilings, hardwood floors and beautiful casework and detail.
7 Beds | 8 Full Baths, 4 Half Baths
Sale Price: $10,800,000
Square Feet: 8773
Renovated Penthouse in Doorman Bldg. Completed in 2006 this well appointed front facing triplex 7 bedroom suite home.
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