South End Penthouse Duplex Sells Fast

May 21, 2007 By

With the Average Days on Market statistic continuing to stay below the triple digit mark, we are seeing a predominance of condos move quickly off the market at full, or near full, asking prices.

Looking at the past week of sold South End condos, there was a $1.2 million dollar duplex condo at 128 Pembroke Street that was on the market for a mere seven days before going under agreement at 98% of the asking price – the 2003 renovated 1,700+ square foot duplex penthouse unit with roof deck and deeded parking in the South End went quickly.

There is a fair amount (32) of listings on the market in the South End priced between $1 million and $1,5 million, but the Average Days on Market is trending down, a sign that pricing is correct, and buyers are coming out of hibernation.

128 Pembroke Street Penthouse

128 Pembroke Street Penthouse

128 Pembroke Street Penthouse

128 Pembroke Street Penthouse

Filed Under: South End Condos Tagged With: , ,

FP3 Boston Condos Open House

May 19, 2007 By

You may see us down at FP3 Boston this Sunday for an open house. The last time we stopped in, a week ago, construction was progressing, but the gaping holes in the northwest part of the building show us that they have a long way to go before their Spring 2008 completion.

FP3 Boston Condos

The sales center at FP3Boston, located at 368 Congress Street in the Seaport District, will host an open house from 12-4 pm each Sunday. Preconstruction condos are available for reservation on the 97 unit condo development in Boston’s Fort Point Channel – contact us for more information.

Filed Under: Seaport District Condos Tagged With: , , ,

BREAKING NEWS: 65 Broad Street Condos Available

May 17, 2007 By

Previously reported news that the remaining four units at the 65 Broad Street condo development were going to be “auctioned off” in a unique bidding process (full details here) did not generate the action that the developer wanted, and units are available once again.

The remaining three lofts / condos have been put on the market at a fire sale of $399K each, and one has already gone under agreement. The lofts at 65 Broad Street are newly renovated, have exposed brick, hardwood floors, classy finishes, and direct elevator access.

An open house is going to be held Monday (May 21, 2007) evening, from 5:30 to 7:00 pm, to showcase the remaining 65 Broad Street lofts. For further information, to setup a showing, or make an offer, please contact us.

65 Broad Street Condos

65 Broad Street Condos

65 Broad Street Condos

Filed Under: Financial District Condos Tagged With: , ,

What's Available at One Charles?

May 17, 2007 By

If you are looking for a condo at one of the most coveted new buildings around town, One Charles (1 Charles Street South), you’re in luck. There seems to be a spike in currently available units at One Charles, steps from the Boston Common and Public Garden.

One Charles

There are currently eight (8) units available at One Charles – from a 1 bedroom, 1 bathroom up to a 2 bedroom 2.5 bathroom, ranging in price from $625K to $2.295 million.

One Charles Condos

One Charles Condos

Filed Under: Midtown Condos Tagged With: , , ,

Almost a Rainout for D4 Condos

May 17, 2007 By

The new D4 Condo Development held an open house tonight to showcase their progress and to try and push the six eight condos that remain for sale. The weather was rather uncooperative with a downpour coming late in the afternoon. Regardless, we made the soggy walk over to the east end of Warren Avenue to check out the latest happenings with the development.

D4 Boston COndos

The D4 Police Station redevelopment was your recent winner for “what Boston condo development are you most excited about“. The D4 condos (D4 Living) have a lot to offer, from a cool facade, to quality finishes, unique Philippe Starck design, top of the line kitchen appliances, and bold marble throughout. However, aside from the roof decks, the balconies are quite small, and some (and we do only mean some) of the spaces are contrived – perhaps not as well flowing as the Meads of Commonwealth for instance.

On a whole, when the development opens for occupancy in June 2007 October 2007 (pushed back from the original advertised April 2007 date), it’s going to be a unique place to live and call home, one of those places that will have some prestige when you tell your friends where you live, similar to that of the Penny Savings Bank condos.

Filed Under: South End Condos Tagged With: , , ,

Can You Afford Boston's Waterfront?

May 16, 2007 By

The words “waterfront condo” exude high price. With that said, can you afford a Boston Waterfront condo? We took a look at what is available on the market for under $500K, and we were surprised to see fourteen (14) condos currently available, with the majority being in the $500 per square foot range (the low and high being one at $442 per square foot, and one at $985 per square foot).

Waterfront Condos Boston

You’ll find studios up through a two-bedroom in the fourteen available Waterfront Boston Condos (3.79 MB PDF) for under $500K.

Boston Waterfront Condos

Filed Under: Waterfront Condos

South End Condo Market Statistics

May 16, 2007 By

The weekly roundup of South End Condos that have sold have been compiled from the Boston MLS – compared to the previous week’s statistics (in parentheses). The number of South End Condos that sold: 9 (18)

Lowest Price: $380,000 ($272,500)
Median Price: $535,000 ($487,500)
Highest Price: $1,140,000 ($899,000)
Average Price: $586,888 ($388,208)

Average Days on Market (DOM): 56 (114)
Sales Price / Listing Price Ratio: 98% (98%)

Start Date: 5/6/2007
End Date: 5/12/2007

The million dollar listing (two-bedroom penthouse duplex at 82 Montgomery Street) was on the market for a single day before going under agreement with a full price offer, perhaps a testament to what we have seen lately with properties moving quickly if priced correctly from the beginning.

Filed Under: South End Condos Tagged With: ,

Home Inspection Before You Sell

May 15, 2007 By

Is it right for you? Why would you want to consider a home inspection before you sell? A home inspection is something that the Buyer is worried about, not the Seller…or is it the other way around?

It might be worth 60 seconds of your time to read about the benefits of obtaining a professional home inspection before you sell your home – it could save you time, money, and perhaps your offer at the end of the day.

Filed Under: Seller Advice

What Can I Buy in Boston's Seaport?

May 14, 2007 By

So what can you get for $300,000 to $450,000 in the Boston Seaport? Actually, you get quite a bit – at around $500 per square foot, your dollar goes far in the Seaport.

There are currently four Seaport condos on the market (three immediately available) that fall into the price range. Two of the condos are part of the Court Square Press condo development (considered more South Boston than Seaport District), one deeper in the district on 2nd Street, and one being part of the May 2008 ready FP3 Boston development.

Boston Seaport Condos

The Boston Seaport District is a hot area for new developments, and only a short walk into the Financial District and an under 10-minute walk to Boston’s South Station. The Seaport is offering good value for your money, and some attractive loft and condo options.

Court Square Press Condo Development

Filed Under: Seaport District Condos Tagged With: , ,

And Your Winner Is…

May 13, 2007 By

As you may recall, we ran a poll that was open for the entire month of April, where you could vote for your favorite new Boston condo development – the results are in, and your winner is: The D4 Condos in Boston’s South End.

D4 Boston Condos

The D4 development, in the South End of Boston, on Warren Avenue is now move in ready, with only six units remaining. We’ve watched the D4 Condos from the beginning, and the location, finishes, and amenities are second to none. For a detailed look at the remaining six units, view the D4 condo listings.

D4 slightly edged out the high-end Battery Wharf waterfront condos in the North End. The 104 unit Battery Wharf condo / hotel development on Boston’s Waterfront is one of several developments in Boston that brings together the amenities of a luxury hotel, with a luxury condo – a new standard of living.

For more details on all the new Boston condo developments that participated in our poll, please see the below links:

Battery Wharf (North End Waterfront)
Penmark Condos (South End
D4 Police Station (South End)
The Bryant on Columbus (Back Bay)
Harbor View Navy Yard (Charlestown)
Meads of Commonwealth (Back Bay)

Filed Under: Boston Condos Tagged With: , , ,
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