Most Expensive Boston Condos

Ever wonder what the most expensive Boston Condos look like? Let’s take a look at the most expensive condo in Boston that sold last week.

Last week, the most expensive condo that sold in Boston was an 1,800 square foot penthouse condo at 224 Marlborough Street, which sold for $1,382,500.

Boston Million Dollar Condos

The million dollar 6th floor penthouse residence has a total of 7 rooms, including 3 bedrooms, beautiful Back Bay views, and 3 fireplaces. The property sold at $770/square foot, which keeps the prices in the Back Bay of Boston at high levels.

Let’s take a look to see what you get for a million dollars in Boston’s Back Bay:

Boston Back Bay Condos - Marlborough Street

Boston Back Bay Condos - Marlborough Street

Boston Back Bay Condos - Marlborough Street

Boston Back Bay Condos - Marlborough Street

Boston Back Bay Condos - Marlborough Street

South End Condos – Weekly Sales Statistics

It appears the market for South End Condos made a 30% jump week-on-week, as the South End saw a total of 10 properties go into sold status this past week, versus 7 from the week before. Here are the details for this past week:

Lowest Price: $245,000
Median Price: $470,000
Highest Price: $1,180,000
Average Price: $579,700

Average Days on Market (DOM): 126
Sales Price / Listing Price Ratio: 97%

Start Date: 03/18/2007
End Date: 03/24/2007

The slight trend down in Average Days on Market could mean that we are entering the Spring / Summer housing press…or perhaps, it is simply a function of sellers giving concessions on their sales to listing price, which trended slightly down to 97%. We’ll see what happens in the upcoming weeks.

Boston Condos Google Maps Search

In continuation of the Web 2.0 boom that has been ongoing for some time now, we wanted to take a moment to highlight the Boston Condos Google Maps search capability at Boston Condo Guy.

Boston Condos Google Maps Search

Boston Condo Guy allows you to search new condominium developments in Boston proper via Google Maps, providing you an intuitive way to locate a Boston condo where you want it. Visitors to Boston Condo Guy have the ability to click on each of the “pushpins” on the Google Map, displaying the name and picture of each Boston condo development. Additionally, there is an option to obtain more details on a specific development, along with the ability to view additional pictures.

FP3 Condos – Seaport District of Boston

The Seaport District is now home to a new preconstruction project called the FP3 Condos. FP3 will be a mixed-use condo development with 97 units (studio through two-bedrooms), along with a restaurant, cafe, and a lounge (brought to you by Boston restaurateur Barbara Lynch of B&G Oysters Ltd.).

Boston FP3 Seaport Condos

The Boston FP3 Condos will be made up of three buildings, a combination of two existing warehouses (formerly wool warehouses built by the Boston Wharf Company), along with the third building, a three-story copper and glass infill, serving as the connection point. Prices range from $350,000 to $2 million, and occupancy is tentatively scheduled for December 2007 June 2008.

FP3 Boston Seaport Condos

Boston South End Condos – Market Statistics

The past week saw seven (7) South End Condos sell. Here are the details:

Lowest Price: $183,687
Median Price: $685,000
Highest Price: $1,065,000
Average Price: $687,812

Average Days on Market (DOM): 138
Sales Price / Listing Price Ratio: 99%

Start Date: 03/11/2007
End Date: 03/17/2007

West Canton Condos – Boston's South End

West Canton Street in the South End of Boston is a quiet tree-lined street that sits at the South End’s entrance to the Back Bay and has seen a tremendous amount of renovation investment since 2006 – a host of brownstones have been gutted and rehabbed, and several single-family townhomes have been entirely renovated.

At any one time, the four blocks of West Canton Street that run from Tremont Street on the south, and the Northwest Corridor on the north, have several condos for sale – be that a renovated townhome, an exquisite duplex, or a penthouse floor-though with gorgeous views of the city.

Condos on West Canton give you neighborhood feel, while being right on the city’s doorstep in proximity to big city life – Boston West Canton Condos.

Boston Penny Savings Bank Condos

If you’re looking to sleep on a bed of money, then the Penny Savings Bank Condos (Penny Place Condominiums) in Boston’s South End may hit the spot.

Back in March 2005, the Boston Redevelopment Authority gave the go-ahead to redevelop Boston’s Penny Savings Bank in the South End into 23 condominiums, 9,000 square feet of retail space, and a 25car underground garage.

Construction on the Penny Savings Bank complex is nearing completion for the expected May 2007 completion, and Washington Street in the South End is continuing to see positive redevelopment in an area that needs it.

For more information on the this Boston condo development you can navigate to our details page: Boston Penny Savings Bank Condos.

Meads of Commonwealth Condos

Given that Boston has more millionaires than New York, a developer saw that fact and has built The Meads of Commonwealth Condos, residences that cater to the most demanding buyer.

All 13 of the Meads of Commonwealth Condos are unique in shape and size, but elite craftsmanship and fine finishings were not spared. The Penthouse is truly one of a kind, and the Meads will serve to not only provide an exquisite home to buyers who can afford to purchase a residence, but also to better Boston’s Back Bay as a whole.

The Meads are currently available for purchase and start at $1.8 million for a 7 room, 2 bedroom, 2.5 bath Brownstone.

Boston Penmark Condos

Recently, the South of Washington (SOWA) area of the South End has seen two new condo developments hit the market, ArtBlock Harrison, and the Boston Penmark Condos. Both are pushing the edge in an area of town that needs revitalization.

The Penmark Condos offer one and two bedroom floor plans, with high-end finishes, as well as a garage parking space with each unit. Most of the windows in the building are towering, and provide good views of the city.

Visit Boston Condo Guy to see more pictures of the Boston Penmark Condos, as well as many other new developments across the city – you can search using unique Google Maps technology too!  For an up to date listing of available condos for sale at the Penmark, and/or to setup a private showing, please contact us using the link at the top of this page.

10 Simple Steps to Selling Your Home for Top Dollar

1. Define your goals, wants, needs and expectations. A good place to begin is by exploring your short and long term goals in life and how selling you home fits in.

2. Determine the best price for what is going on in the market right now. Assess the current state of the market and what comparable homes are actually selling for by reviewing a Comparative Market Analysis (CMA) on your home.

3. Prepare you property so that it is in top-selling condition. Most of us do not keep our homes in top-selling condition. Try and see things from a buyer’s point of view. Boston Condo Guy can consult with you on what to repair, replace or remove so that your home makes a great first impression.

4. Implement time-proven, researched-based marketing strategies. Your home must be marketed with a plan that has the highest potential for bringing not only the most buyers, but also the most qualified buyers to your doorstep.

5. Showing your property. Always keep your home in top-selling condition. When you leave for work, make sure that your home remains in top-selling condition. You know what they say about first impressions.

6. Receive an offer. When a buyer decides to buy your home, an offer will be presented. Your realtor can advise you on the offer and whether the buyer is qualified to purchase your home.

7. Negotiate to sell. Most offers require some level of negotiation. Work with your realtor to decide your parameters and have them negotiate on your behalf.

8. Have your home appraised and inspected. We have written previous articles on the idea of getting a home inspection before you sell – it’s a wise thing to consider when selling your home.

9. Prepare for closing. Work with your realtor to understand the home selling process.

10. Close! At the closing meeting, ownership of your property is legally transferred to the buyer. Work with your realtor and any appropriate parties (title company, attorney) to understand the process.