Monday, June 13th, 2011
Check out this market snapshot of the Back Bay for today compared to the same day last year which is a great way to view the health of the Boston Real Estate market health. You will notice a large drop in the amount of Back Bay luxury Real Estate that is currently on the market. The amount of homes that are priced $1.5m or more in the Back Bay of Boston have decreased while homes in the lower priced segment has strengthened with more sales and inventory in the Boston Real Estate Market. Another fun statistic is looking at the total market volume statistic which has decresased by nearly $100 million!
Click Here to View All Back Bay Homes For Sale up to $1m
Click Here to View All Back Bay Homes For Sale up to $1+m
Give Jeffrey Chubb, owner of RE/MAX Select a call at 617-480-2600 or visit him on the web at www.MoveWithChubb.com if you are thinking about buying or selling a home in the Back Bay or the Boston Metro Market.
| |
6/13/2010 |
|
6/13/2011 |
| Price Range |
Number of
Listings |
Avg. Days
on Market |
vs. today |
Number of
Listings |
Avg. Days
on Market |
| Under $50,000 |
- |
- |
|
- |
- |
| $50,000 – $99,999 |
1 |
244 |
|
2 |
100 |
| $100,000 – $149,999 |
1 |
26 |
|
- |
- |
| $150,000 – $199,999 |
1 |
152 |
|
2 |
43 |
| $200,000 – $249,999 |
2 |
64 |
|
4 |
105 |
| $250,000 – $299,999 |
4 |
42 |
|
8 |
136 |
| $300,000 – $349,999 |
16 |
99 |
|
13 |
109 |
| $350,000 – $399,999 |
17 |
110 |
|
21 |
111 |
| $400,000 – $449,999 |
18 |
79 |
|
7 |
157 |
| $450,000 – $499,999 |
21 |
105 |
|
18 |
113 |
| $500,000 – $599,999 |
20 |
112 |
|
20 |
57 |
| $600,000 – $699,999 |
34 |
137 |
|
17 |
167 |
| $700,000 – $799,999 |
17 |
116 |
|
18 |
118 |
| $800,000 – $899,999 |
17 |
141 |
|
20 |
126 |
| $900,000 – $999,999 |
16 |
88 |
|
11 |
117 |
| $1,000,000 – $1,499,999 |
40 |
134 |
|
41 |
115 |
| $1,500,000 – $1,999,999 |
44 |
142 |
|
23 |
210 |
| $2,000,000 – $2,499,999 |
27 |
165 |
|
9 |
111 |
| $2,500,000 – $2,999,999 |
9 |
157 |
|
8 |
176 |
| $3,000,000 – $3,999,999 |
10 |
168 |
|
12 |
192 |
| $4,000,000 – $4,999,999 |
11 |
280 |
|
8 |
423 |
| $5,000,000 – $9,999,999 |
5 |
294 |
|
11 |
169 |
| Over $10,000,000 |
1 |
262 |
|
- |
- |
| Total Properties |
332 |
Avg. 134 |
|
273 |
Avg. 140 |
| Lowest Price: |
$85,000 |
| Median Price: |
$899,000 |
| Highest Price: |
$13,700,000 |
| Average Price: |
$1,375,324 |
| Total Market Volume: |
$456,607,721 |
|
| Lowest Price: |
$77,500 |
| Median Price: |
$850,000 |
| Highest Price: |
$7,950,000 |
| Average Price: |
$1,355,085 |
| Total Market Volume: |
$369,938,234 |
|
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Posted in Real Estate | 1 Comment »
Saturday, June 4th, 2011
The Clarendon
The Clarendon is one of Back Bay’s newest premier luxury residences. Located on the corner of Stuart & Clarendon Street just steps from the Hancock Tower and Trinity Church.
Designed by world renowned architect Robert A.M. Stern, it is a 33 story postmodern style that is a distinct blend of brick, glass and steel accents. This beautiful addition to the Boston Skyline is also an environmentally-conscious development that has achieved LEED Silver Certification by the U.S Green Building Council.
Residences in the building range from one to four bedroom units with over sized windows that let in maximum light while providing residents breathtaking views of Boston. Chef inspired Kitchens sport modern stainless steel appliances with rich wood cabinets and polished stone. Each bathroom are spa inspired and consists of custom cabinets with sleek marble and contemporary fixtures.
The amenities of the Clarendon include a fitness center that is managed by the premier health club Equinox. The Equinox Fitness club provides a fitness concierge that will book spa appointments and treatments as well as schedule personal training sessions. Other features include an Exclusive Clubroom, a Culture Lounge, Children’s playroom and a picturesque outdoor terrace with stunning views.
This luxury building also has a 24 hour doorman and concierge as well as an On-premises in-door valet. Residents will also enjoy exclusive benefits at Post 390 which gives Clarendon residents VIP status with priority reservations, in-home meal delivery, private residence catering services and private chef.
CLICK HERE TO VIEW ALL CONDOS CURRENTLY FOR SALE IN THE CLARENDON
Jeffrey Chubb, owner of RE/MAX Select is one of Boston’s top rated real estate agents and is a Certified Luxury Home Marketing Specialist. Give Jeffrey a call at 617-480-2600 or visit him on the web at www.MoveWithChubb.com for all of your Boston Luxury Real Estate needs. Whether you are buying or selling a luxury home in Boston, his specialization in luxury properties will help make the process seamless and stress free.
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Posted in Luxury Homes | 1 Comment »
Friday, May 27th, 2011
It’s not every day that a property goes under agreement at $12.7 million, but the property at 776 Boylston Street, Unit W12-B in the Back Bay just did. The sellers were originally asking $13.7m and have had the property on the market for 609 days. While this 5000 square foot apartment on the 12th floor of the Mandarin Oriental Hotel has not broken any all time records, it has broken the price record for 2011.
Click here to view all the condos that are currently available at 776 Boylston Street, Boston, MA.
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Posted in Homes for Sale | No Comments »
Avg. Sales Price: 379,000
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