Stuart St James has released the 2012 Broadluxe Condo Sales Report. The report highlights the fact that while the price per square foot in Broadluxe Boston, the 44-unit loft-style building located at 99-105 Broad St, Boston, MA 02110 in Boston’s Financial District, has gone up over the past year, sales velocity of resale units has gone down.
In 2012, only two units in the Boston Financial District condo development sold, half the total from the previous year. Nonetheless, owners continue to see appreciation in price per square foot, currently averaging $593 per foot. Based on the results of the 2008 condo auction at Broadluxe, where buyers fetched condos at an average of $496 per square foot, auction buyers have realized an approximate 20% gain on their initial investment.
At present, no units are for sale at Broadluxe, while there is a single unit for rent – search all Financial District Boston condos and lofts for sale and rent.
Keith Munsell 
