Archive for May, 2007

When was the last time that you got 67% off when shopping? Here’s your chance to scoop up million-dollar Boston Harbor and skyline views for a third of the price!
An up and coming Developer in East Boston has recently completed a renovation on a three-unit rowhouse with water views from each floor. This new East [...]

Just a quick update on the Penny Savings Bank condo development in the South End of Boston. The redevelopment of the early 20th century bank into 23 luxury condominiums is progressing nicely towards its July 15, 2007 occupancy date.

Currently, only 6 units have sold, leaving a wide variety of condos available for sale (large [...]

Waltham Tavern Condos

The Boston Courant recently reported that the Waltham Tavern at 298 Shawmut Avenue will be converted into six luxury condo units. As you may recall, the Waltham Tavern was shut down in early 2006 due to drug sales.

Barring any unforeseen circumstances, the Huntington Group would like to move forward with construction in the August [...]

The Clarendon Back Bay

If you once used the Post Office in between Clarendon and Berkeley on Stuart, the building is no more. Construction has now begun on one of Boston’s newest luxury mixed-use condo developments, called The Clarendon Back Bay.
More details are forthcoming, but the new Back Bay condo development will feature upwards of 400 units and a [...]

Oftentimes, at any given point, multiple units are available for sale at Folio, for more information on the current selection including a full price list, or to sell your unit, please contact us.
With so much action happening on Broad Street in Boston’s Financial District, we wanted to take a look at what is currently [...]

We’re approaching the half-way mark for 2007, and the downtown Boston* market has seen the sale of 1,623 condos, for a total market volume of $1,068,090,056 (yep, that’s a billion).
Here are the other pertinent statistics thus far in 2007:
Lowest Price: $135,000
Highest Price: $8,250,000
Median Price: $495,000
Average Price: $658,096
Highest Price: $8,250,000
Average Days on Market: 110
Sales / Listing [...]

We stopped into the 65 Broad Street Lofts tonight for a walk through of the two remaining units (Unit 3 and 4) during the open house. We actually got a peek at all of the units (even the sold ones), and the remaining two units are probably the best of the lot - they [...]

Let’s take a look at the latest South End Condos that have sold from the Boston MLS over the past week, compared to the previous week’s statistics (in parentheses).
The number of South End Condos that sold: 6 (9)
Lowest Price: $377,000 ($380,000)
Median Price: $688,445 ($535,000)
Highest Price: $1,265,000 ($1,140,000)
Average Price: $660,740 ($586,888)
Average Days on Market (DOM): 81 [...]

With the Average Days on Market statistic continuing to stay below the triple digit mark, we are seeing a predominance of condos move quickly off the market at full, or near full, asking prices.
Looking at the past week of sold South End condos, there was a $1.2 million dollar duplex condo at 128 Pembroke Street [...]

You may see us down at FP3 Boston this Sunday for an open house. The last time we stopped in, a week ago, construction was progressing, but the gaping holes in the northwest part of the building show us that they have a long way to go before their Spring 2008 completion.

The sales center at [...]




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