Comments on: Buyers Prepare for 1850 Condo Auction http://bostonrealestateobserver.com/1850-condo-auction-boston/ Fri, 16 Jul 2010 19:22:49 +0000 hourly 1 By: Boston Real Estate Observer http://bostonrealestateobserver.com/1850-condo-auction-boston/#comment-466 Boston Real Estate Observer Mon, 29 Jun 2009 21:15:46 +0000 http://bostonrealestateobserver.com/?p=2181#comment-466 All 35 units remaining at the 1850 sold at auction. Bidders received approximately a 25% discount off of the original listing prices, at a price per square foot of approximately $375. The last downtown Boston condo auction to take place, which was at the Broadluxe in June 2008, saw 29 of the 44 auctioned units actually sell on auction day, and they sold for approximately $496 per square foot. The price differential can mainly be attributed to location, and partly to a different market landscape. All of the 1850 auction units are scheduled to close in August 2009. All 35 units remaining at the 1850 sold at auction. Bidders received approximately a 25% discount off of the original listing prices, at a price per square foot of approximately $375.

The last downtown Boston condo auction to take place, which was at the Broadluxe in June 2008, saw 29 of the 44 auctioned units actually sell on auction day, and they sold for approximately $496 per square foot. The price differential can mainly be attributed to location, and partly to a different market landscape.

All of the 1850 auction units are scheduled to close in August 2009.

]]> By: Christopher http://bostonrealestateobserver.com/1850-condo-auction-boston/#comment-465 Christopher Mon, 29 Jun 2009 16:47:31 +0000 http://bostonrealestateobserver.com/?p=2181#comment-465 Is the observer going to post the results? I'm really curious .... Is the observer going to post the results? I’m really curious ….

]]>