South End Condo Statistics

The below statistics represent sold South End Condos from last week, pulled from the MLS – compared to the previous week’s statistics (in parentheses). South End Condos that Sold: 8 (6)

Lowest Price: $215,000 ($286,150)
Median Price: $485,000 ($495,000)
Highest Price: $1,025,000 ($659,000)
Average Price: $562,062 ($478,108)

Average Days on Market (DOM): 121 (100)
Sales Price / Listing Price Ratio: 98% (100%)

Start Date: 4/8/2007
End Date: 4/14/2007

The stats have been holding somewhat steady for the past month, with slight variations when we see a million dollar condo sell. It’s great to see sales to listing price ratios remaining solid, and an overall trend down in days on market.

In the past month, the number of listings in the South End has increased from 234 to 252, while days on market has dropped on average from 134 to 126. We’ll continue to watch the inventory of listings, perhaps signaling a seasonal uptake in properties on the market.

The Million Dollar South End Listing?

You’d like to know a little bit more about the South End million dollar condo that sold you ask? It was a three-bedroom, two-bath 1,500 square foot penthouse at 83 Montgomery Street, which sold for above list price!

83 Montgomery Street Condos

83 Montgomery Street Condos

Penny Savings Bank Condo Photos

We had the opportunity to stop by one of the South End’s up and coming developments, The Penny Savings Bank Condos. Construction continues at the northeast corner of Washington Street and Union Park Street – very close to the Cathedral of the Holy Cross, and directly across the street from Cathedral High School.

Boston Penny Savings Bank Condos

The South End Penny Savings Bank Condos will be a redevelopment of the former Penny Savings Bank (Penny Place Condominiums) at Washington Street and Union Park Street in the South End of Boston. The new condo development entails the restoration of the two-story 1917 white marble bank building, coupled above with a new three-story contemporary addition. The Penny Savings Bank condos will be a mixed-use development project, featuring 23 luxury loft, one, two, and two plus bedroom units, along with an underground parking garage.

Boston Penny Savings Bank Condos

Boston Penny Savings Bank Condos

Boston Penny Savings Bank Condos

Boston Penny Savings Bank Condos

Boston Penny Savings Bank Condos

Boston Penny Savings Bank Condos

Boston Penny Savings Bank Condos

The Penny Savings Bank is just south of the South End Buttery, which is a bakery and cafe, serving sandwiches, soups, salads, and coffee drinks. The Buttery has received good reviews throughout the city, and their cupcakes are quite good!

Boston South End Buttery

The Modern South End Condos

Preconstruction prices are hitting the MLS for The Modern South End Condos on Northampton Street in the South End of Boston. The Modern will be home to 25 units and a “zen” garden boasting Boston city skyline views.

The Modern South End Condos

Northampton Street is only steps away from a lot of amenities, and the street, as well as the entire area, continues to see redevelopment and investment in an effort to beautify this area of Boston.

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.