jeffpersons

Here is a graphic showing sales activity for Brookline MA Condos sales from 2001 to 2010 T wo out of three Brookline MA homes are condos so I like to look at these two metrics, number of Brookline MA Condos sold and Brookline MA Condos average sales price per square foot.  As you can see, this graph is similar to the one produced for “ Boston Condos Sales For The Decade “. The main point being that although demand has fallen steadily since 2004, prices have held rock solid right up to... Read Full Story

It might seem a bit early… …but I thought I would build a graph that shows the most important two metrics for measuring where Boston Condos have been going. For the sake of manageability I use truncated parameters. Here I used; Property Type: Condos , Status: Sold , Timeframe: 1/1/01-12/31/01 through 1/1/10 – 12/11/10 , Towns: Boston, MA, Price: Between $450,000 and $600,000. I chose these numbers to keep the results manageable. Also this price range is where your average Bostonian... Read Full Story

This is what the stock market has been like 6 months before every recession recovery I have seen. I am 62 years old so I have seen 5 recessions. From 1997 to 2002 I was a stock trader and I remain always a student of the markets. I am very encouraged by the kind of action we are seeing in the stock market right now.  I am looking for the DOW to race up to 13,000 to 15,000. It will be front page news, you can’t miss it. This event usually marks the beginning of recovery as the stock market... Read Full Story

September 1st 2010 to December 1st 2010 Boston Back Bay Condos Sold Number of Back Bay Condo Listings Sold: 67 Average List Price Back Bay Condos: $732,448 Average Sale Price Back Bay Condos: $688,214     Average Market Time Back Bay Condos : 139.12     Average List Price per Square Foot Back Bay Condos : $736 Boston Beacon Hill Condos Sold Number of Beacon Hill Condo Listings Sold: 27     Average List Price Beacon Hill Condos: $683,956... Read Full Story

Buyers Agency = Buyers Advocacy L et me start by suggesting that when you begin your search for a Boston condo or a Boston Suburb home that you seek out an Exclusive Buyers Agent. Sellers agents don’t make the best Buyers agents. Sellers agents are hard wired to sell you some real estate. Their whole approach to Buyers Agency is not to advocate for the buyer but to close the deal. Its habit more than anything like dishonesty. For me Buyers agency means advocating for my buyer. I may spend... Read Full Story

What is a real problem and what isn’t. B oston is a city full of condos. Five out of six Boston homes are condos. More often than not these condos were carved out of what were original single family brownstone or brick structures that were built between 1880 to 1910. This is especially true of Back Bay , Beacon Hill , South End , Brookline MA and the Fenway . The floors aren’t flat! This looks like a problem but is not. The biggest problem with uneven floors in these old buildings is it... Read Full Story

As promised, since there was so much information I wanted to share …when I wrote “Relocating To Boston And Boston Suburbs, Lets Get Started!” , here are the items that Buyers Agent and Buyer need to pay close attention to. Whether it’s a Boston Condo or a Boston Suburb home that you are interested in, there are certain efficiencies I can help you adopt that will make your search more efficient. Here lets start with an MLS listing sheet with some of the most important areas highlighted... Read Full Story

Cambridge MA & Somerville MA Condo Trends Report November 13, 2010 Overall: the market continues to reflect low consumer confidence. We remain in a buyer’s market with inventory supplies in excess of 6.5 months to absorb.  However, with the mid-term elections now past we may see a slight positive bump before the holiday stretch. Cambridge MA Condos Summary Condo inventory remains about the same as last month up 61 properties or 20% when compared to the same month’s end last year... Read Full Story

I am always pleased to recieve the latest edition of Boston Real Estate Rewind , an online quarterly report produced by the Greater Boston Association of REALTORS® (GBAR) which summarizes residential real estate market activity in the GBAR jurisdictional area. Check Out Our Suburban Boston Real Estate Page Check Out Our Brookline MA Real Estate Page This report contains detailed data from the detached single-family home and condominium markets , including units sold, median price... Read Full Story

Boston Condo Sales In October 2010 Lowest price Boston condo – $47,000 Highest price Boston condo – $3,200,000 Median price Boston condo – $360,000 Average price Boston condo – $540,070 Total Boston condo sales volume – $90,358,719 And Octobers Past T here is no sense in just giving you a bunch of numbers. Its hard to gauge what those numbers really mean. The following graphic gives us the number of Boston condos sold in October from 2003 to 2010. This formation, with price... Read Full Story