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 »
Friday, June 3rd, 2011
The Back Bay Real Estate Market is like the little engine it could. They missed the memo that there are areas in this country that are in a housing recession… Let’s take a look under the hood!
Currently there are 268 condos for sale in the Back Bay of Boston for an average asking price of $1.419m with an average market time of 139 days. This is a major change from last years 322 condos Back Bay condos on the market from last year.
The great news is that while the inventory has decreased, the market activity has stayed the same as we saw 33 homes sell in May of 2011 which was identical to May of last year. The average sales price was $1.021m which was 92.40% of the sellers asking price. We currently have 9.18 months of inventory on the market which is an improvement from last years 10.97 months worth of inventory on the market.
Click Here to View All the Homes For Sale in the Back Bay
If you are thinking about buying or selling a home in the Back Bay, then give Jeffrey Chubb of RE/MAX Select a call at 617-480-2600 or visit him on the web at www.MoveWithChubb.com. His expertise is second to none as he is one of the top agents in the state and sells on average a home a week. You won’t be disappointed!
Wondering what your home is worth, then get a Certified Market Analysis dropped into your INBOX today by visiting www.MAPropertyValue.com.
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Wednesday, May 25th, 2011
It’s important to stay on top of the market even if you are just looking for fun! Take a look at the homes below that are newly listed this week in Boston and have a list price over $1 million. Boston is a big city with a lot of different towns that fit a lot of different personalities… What town fits you? Click here to search all homes currently for sale in Boston that are listed for over $1 million.
Single Family Boston Homes Listed over $1 million
456 Park Drive, South End – 6 Bedrooms, 4 Baths – 3784 Square Feet – $1.05m
20 Zamora Street, Jamaica Plain – 3 Bedrooms, 2.1 Baths – 2126 Square Feet – $1.2m
4 Concord Street, Charlestown – 5 Bedrooms, 3.1 Baths – 2600 Square Feet – $1.2m
17 Monument Avenue, Charlestown – 4 Bedrooms, 2.1 Baths – 2800 Square Feet – $1.399m
112 Appleton Street, South End – 4 Bedrooms, 3 Baths – 3288 Square Feet – $1.995m
32 Woodland Road, Jamaica Plain – 8 Bedrooms, 4.2 Baths – 7604 Square Feet – $1.995m
164 West Brookline Street, South End – 5 Bedrooms, 3 Baths – 3885 Square Feet – $2.295m
38 Pinckney Street, Beacon Hill – 5 Bedrooms, 5.1 Baths – 3411 Square Feet – $2.45m
176 West Canton Street, South End – 4 Bedrooms, 4.2 Baths – 4353 Square Feet – $2.849m
129 Charlest Street, Beacon Hill – 3 Bedrooms, 2.1 Baths – 4672 Square Feet – $4.75m
Boston Condos For Sale Listed Over $1m
35 Channel Center Street, U:501, Seaport District – 1 Bedroom, 2 Baths – 1912 Square Feet – $1.019m
110 Stuart Street, U:26F, Back Bay – 1 Bedroom, 1.1 Baths – 857 Square Feet – $1.055m
110 Stuart Street, U:27F, Back Bay -1 Bedroom, 1.1 Baths – 857 Square Feet – $1.085m
34 Constellation Wharf, U:34, Charlestown: The Navy Yard – 3 Bedrooms, 3.1 Baths, 2493 Square Feet – $1.15m
327 Commonwealth Avenue, U:4, Back Bay – 2 Bedrooms, 2 Baths, 1370 Square Feet – $1.185m
2 Avery Street, U:20G, Midtown – 2 Bedrooms, 2 Baths, 1257 Square Feet – $1.195m
300 Boylston Street, U:614, Back Bay – 2 Bedrooms, 2 Baths, 1580 Square Feet, $1.429m
25 Channel Center, U:PH108, Seaport District – 3 Bedrooms, 3 Baths, 2208 Square Feet – $1.45m
400 Stuart Street, U:15A, Back Bay – 2 Bedrooms, 2 Baths, 1409 Square Feet – $1.45m
110 Stuart Street, U25C, Back Bay – 2 Bedrooms, 2 Baths, 1286 Square Feet – $1.495m
360 Newbury Street, U:411, Back Bay – 2 Bedrooms, 2 Baths – 1624 Square Feet – $1.499m
178 West Brookline Street, U:1, South End – 2 Bedrooms, 2 Baths – 2140 Square Feet – $1.595m
151 Beacon Street, U:1, Back Bay – 3 Bedrooms, 3 Baths – 1954 Square Feet – $1.599m
40 Battery Street, U:102, Waterfont – 2 Bedrooms, 2 Baths – 1300 Square Feet – $1.599m
9 West Broadway, U:605, Seaport District – 2 Bedrooms, 3 Baths – 2967 Square Feet – $1.899m
1 Avery Street, U:19A, Back Bay – 3 Bedrooms, 3.1 Baths, 2242 Square Feet – $2.195m
86 Beacon Street, U:4, Beacon Hill – 3 Bedrooms, 3 Baths, 2943 Square Feet – $3.05m
63 Commercial Wharf East, U:5-7, Waterfront – 3 Bedrooms, 2 Baths, 2734 Square Feet – $3.2m
40 Battery Street, U:PH11, Waterfront – 3 Bedrooms, 3.1 Baths, 2260 Square Feet – $3.2m
409 Commonwealth Avenue, U:D, Back Bay – 4 Bedrooms, 4.1 Baths, 3787 Square Feet – $3.99m
100 Beacon Street, U:6, Back Bay – 4 Bedrooms, 4.1 Baths, 4140 Square Feet – $5.575m
776 Boylston Street, U:W – 11-A, Back Bay – 2 Bedrooms, 2.1 Baths, 3179 Square Feet – $5.8m
If you are looking to buy or sell a home in Boston, then Jeffrey Chubb, owner of RE/MAX SELECT would be honored to help you. His passion for real estate and experience selling on average a home a week helps his clients enjoy a seamless and stress free transaction. You can reach him at 617-480-2600 or by email at Jeff@MoveWithChubb.com. Feel free to visit him on the web at www.MoveWithChubb.com.
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Avg. Sales Price: 379,000
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