Boston condo market shows continued strength
Nov 2011 05

The Greater Boston condo market has shown remarkable strength through the recession and economic maelstrom that has been the past few years.

The Standard & Poors / Case-Shiller real estate index reported that that Boston metropolitan area condo prices rose 62.5% between January 2000 and August 2011.

Case-Shiller estimates that LA prices are 74% higher than in January 2000, San Francisco’s are 35% higher, Chicago’s are 15% higher, and New York City condo prices have doubled what they were in January 2000.

Greater Boston condo prices reached their zenith in October 2005 when they were 83.68% higher than January 2000. Since October 2005, it’s estimated that Boston condo values have dropped 11%.

In comparison, Los Angeles condo values are down 40% from their high, San Francisco values are down 32%, Chicago values are down 28%, and New York values are down 11%, according to Case-Shiller.

Back Bay Boston Sunday Open Houses for October 30, 2011
Oct 2011 29

A complete list of all Open Houses being held in the Back Bay on Sunday, October 30, 2011.

Please contact me for more information.

MLS # Address Description List Price Time/Date
71216431 367 Beacon St 12 room, 5 bed, 4.5 bath Victorian $3,750,000 Oct 30 1:00 PM to 2:30 PM
71216285 52 Bay State Road 9 room, 4 bed, 3.5 bath Other (See Remarks) $2,599,000 Oct 30 1:30 PM to 2:30 PM
71305821 16 Harcourt Street U:8F 3 room, 1 bed, 1 bath Mid-Rise $409,000 Oct 30 12:00 PM to 1:30 PM
71303411 14 Hereford St U:1 4 room, 1 bed, 1.5 bath Rowhouse $750,000 Oct 30 12:30 PM to 2:30 PM
71302247 182 Marlborough Street U:3 4 room, 2 bed, 2 bath Brownstone $870,000 Oct 30 11:30 AM to 1:30 PM
71302596 337 Commonwealth Avenue U:30 6 room, 2 bed, 2 bath Brownstone $849,000 Oct 30 12:30 PM to 1:30 PM
71299869 56 Commonwealth Ave U:41 3 room, 1 bed, 1 bath Mid-Rise $599,000 Oct 30 12:00 PM to 1:00 PM
71299184 261 Marlborough Street U:10 3 room, 1 bed, 1 bath Brownstone $489,900 Oct 30 12:00 PM to 1:00 PM
71298964 265 Beacon U:1 3 room, 1 bed, 1 bath Townhouse $599,000 Oct 30 11:30 AM to 1:00 PM
71296612 184 Commonwealth Ave U:10 4 room, 2 bed, 2 bath Mid-Rise $699,000 Oct 30 12:30 PM to 1:30 PM
71293330 337 Commonwealth Ave U:40 4 room, 2 bed, 2 bath Townhouse $985,000 Oct 30 12:30 PM to 1:30 PM
71293707 407 Marlborough St U:3A 3 room, 1 bed, 1 bath Rowhouse $475,000 Oct 30 12:00 PM to 1:00 PM
71290409 34 Commonwealth Avenue U:3 3 room, 1 bed, 1 bath Townhouse $824,000 Oct 30 1:30 PM to 2:30 PM
71287282 8 Gloucester St U:11 5 room, 2 bed, 2 bath Mid-Rise $879,000 Oct 30 11:30 AM to 1:00 PM
71285355 195 Marlborough St U:1 6 room, 2 bed, 2 bath Brownstone $975,000 Oct 30 12:00 PM to 1:00 PM
71284322 127 Marlborough Street U:2 4 room, 2 bed, 1.5 bath Brownstone $959,000 Oct 30 1:00 PM to 2:00 PM
71284397 76 Marlborough Street U:4 4 room, 2 bed, 1.5 bath Brownstone $815,000 Oct 30 12:00 PM to 1:00 PM
71283677 293-295 Commonwealth Avenue U:1C 4 room, 2 bed, 1 bath Rowhouse $484,000 Oct 30 1:00 PM to 2:30 PM
71297585 347 Commonwealth Avenue U:B 7 room, 2 bed, 2.5 bath Brownstone $2,400,000 Oct 30 12:00 PM to 1:00 PM
71283344 146 Marlborough St U:5 3 room, 1 bed, 1 bath Brownstone $495,000 Oct 30 1:30 PM to 2:30 PM
71274023 464-466 Commonwealth Ave. U:PH91 3 room, 1 bed, 1 bath Mid-Rise $449,000 Oct 30 1:00 PM to 2:00 PM
71267555 106 Marlborough St U:6 4 room, 2 bed, 1 bath Townhouse $649,000 Oct 30 12:00 PM to 1:00 PM
71264529 80 Marlborough Street U:8 3 room, 1 bed, 1 bath Rowhouse $725,000 Oct 30 12:00 PM to 1:00 PM
71264788 501 Beacon St U:3 2 room, 0 bed, 1 bath Rowhouse $295,000 Oct 30 11:00 AM to 12:00 PM
71255222 416 Marlborough U:501 4 room, 2 bed, 2 bath Mid-Rise $669,000 Oct 30 1:00 PM to 2:30 PM
71246875 285 Beacon Street U:3A 6 room, 2 bed, 2 bath Rowhouse $999,000 Oct 30 1:30 PM to 2:30 PM
71245985 280 Commonwealth Ave U:108 4 room, 2 bed, 1 bath Brownstone $679,000 Oct 30 1:00 PM to 3:00 PM
71240924 33 Bay State Road U:5 4 room, 2 bed, 1 bath Brownstone $549,000 Oct 30 1:30 PM to 2:30 PM
71241126 416 Marlborough U:505 3 room, 1 bed, 1 bath Mid-Rise $495,000 Oct 30 1:00 PM to 2:30 PM
71241562 68 Marlborough U:B 4 room, 2 bed, 1.5 bath Townhouse $999,000 Oct 30 11:30 AM to 12:30 PM
71240291 10 Charlesgate E. U:301 4 room, 2 bed, 2 bath Mid-Rise $659,000 Oct 30 1:30 PM to 2:30 PM
71288422 160 Commonwealth Ave U:301 5 room, 2 bed, 2.5 bath Mid-Rise $870,000 Oct 30 1:00 PM to 2:00 PM
71274483 24 Marlborough Street U:5 4 room, 2 bed, 1.5 bath Mid-Rise $809,000 Oct 30 12:00 PM to 1:00 PM
71230031 10 Cumberland Street U:4 5 room, 2 bed, 2 bath Brownstone $749,900 Oct 30 12:00 PM to 1:30 PM
71231376 327 Beacon U:1 4 room, 2 bed, 2.5 bath Townhouse $995,000 Oct 30 12:00 PM to 2:30 PM
71230491 133 Marlborough St U:10 3 room, 1 bed, 1 bath Mid-Rise $485,000 Oct 30 1:00 PM to 3:00 PM
71231065 313 Commonwealth Ave U:3 7 room, 3 bed, 2.5 bath Rowhouse $4,200,000 Oct 30 1:00 PM to 2:30 PM
71226293 313 Commonwealth Ave U:1 7 room, 3 bed, 3.5 bath Rowhouse $2,875,000 Oct 30 1:00 PM to 2:30 PM
71225765 308 Commonwealth Avenue U:F 7 room, 3 bed, 1.5 bath Low-Rise $1,225,000 Oct 30 12:00 PM to 1:00 PM
71210638 347 Commonwealth Avenue U:PH 7 room, 3 bed, 2.5 bath Brownstone $2,650,000 Oct 30 12:00 PM to 1:00 PM
71208914 285 Columbus Ave U:703 4 room, 2 bed, 2 bath Mid-Rise $849,900 Oct 30 1:00 PM to 2:30 PM
71296985 416 Marlborough St U:702 4 room, 2 bed, 2 bath Mid-Rise $599,000 Oct 30 2:00 PM to 3:00 PM
71198814 192 Marlborough Street U:1 5 room, 3 bed, 3.5 bath Townhouse $2,999,000 Oct 30 1:30 PM to 2:30 PM
71152754 4 Charlesgate East U:3 6 room, 2 bed, 2 bath Mid-Rise $650,000 Oct 30 11:30 AM to 1:00 PM
71226832 8 Garrison St U:100 2 room, 1 bed, 1 bath Mid-Rise $294,000 Oct 30 1:30 PM to 2:30 PM
71059793 45 Commonwealth Avenue U:3 8 room, 3 bed, 3.5 bath Brownstone $4,450,000 Oct 30 2:00 PM to 3:00 PM

Above, 261 Marlborough Street #10, Back Bay, Boston, Massachusetts. Betsy Herald of The Charles Realty is the listing agent.

Back Bay Boston Sunday Open Houses on October 23, 2011
Oct 2011 22

A complete list of all single-family and condominium homes with open houses in the Back Bay on October 23, 2011.

Please contact me for more information.

MLS # Address Description List Price Time/Date
71216431 367 Beacon St 12 room, 5 bed, 4.5 bath Victorian $3,750,000 Oct 23 1:30 PM to 3:00 PM
71071409 1 Exeter Street 12 room, 5 bed, 4 full, 2 half bath Other (See Remarks) $3,599,000 Oct 23 12:00 PM to 1:00 PM
71303411 14 Hereford St U:1 4 room, 1 bed, 1.5 bath Rowhouse $750,000 Oct 23 12:30 PM to 2:00 PM
71302247 182 Marlborough Street U:3 4 room, 2 bed, 2 bath Brownstone $870,000 Oct 23 11:30 AM to 1:30 PM
71302596 337 Commonwealth Avenue U:30 6 room, 2 bed, 2 bath Brownstone $849,000 Oct 23 1:00 PM to 2:00 PM
71299787 486 Beacon Street U:6 3 room, 1 bed, 1 bath Mid-Rise $449,900 Oct 23 1:30 PM to 3:00 PM
71299869 56 Commonwealth Ave U:41 3 room, 1 bed, 1 bath Mid-Rise $599,000 Oct 23 12:00 PM to 1:00 PM
71299184 261 Marlborough Street U:10 3 room, 1 bed, 1 bath Brownstone $489,900 Oct 23 2:00 PM to 3:00 PM
71298889 483 Beacon St U:46 3 room, 1 bed, 1 bath Mid-Rise $375,000 Oct 23 12:00 PM to 1:00 PM
71296612 184 Commonwealth Ave U:10 4 room, 2 bed, 2 bath Mid-Rise $699,000 Oct 23 12:00 PM to 1:30 PM
71293330 337 Commonwealth Ave U:40 4 room, 2 bed, 2 bath Townhouse $985,000 Oct 23 1:00 PM to 2:00 PM
71293606 180 Commonwealth U:B 3 room, 2 bed, 1 bath Mid-Rise $539,000 Oct 23 12:30 PM to 1:30 PM
71290409 34 Commonwealth Avenue U:3 3 room, 1 bed, 1 bath Townhouse $824,000 Oct 23 1:30 PM to 2:30 PM
71287742 352 Commonwealth Avenue U:2 4 room, 2 bed, 2.5 bath Townhouse $879,000 Oct 23 11:30 AM to 12:30 PM
71287282 8 Gloucester St U:11 5 room, 2 bed, 2 bath Mid-Rise $889,000 Oct 23 12:00 PM to 1:00 PM
71287466 236 Beacon St U:4D 4 room, 2 bed, 2 bath Mid-Rise $1,375,000 Oct 23 12:00 PM to 1:30 PM
71286473 311 Commonwealth Ave U:41 5 room, 2 bed, 1.5 bath Mid-Rise $725,000 Oct 23 12:30 PM to 2:00 PM
71284322 127 Marlborough Street U:2 4 room, 2 bed, 1.5 bath Brownstone $959,000 Oct 23 12:30 PM to 1:30 PM
71297585 347 Commonwealth Avenue U:B 7 room, 2 bed, 2.5 bath Brownstone $2,400,000 Oct 23 12:00 PM to 1:00 PM
71283677 293-295 Commonwealth Avenue U:1C 4 room, 2 bed, 1 bath Rowhouse $484,000 Oct 23 1:30 PM to 2:30 PM
71283344 146 Marlborough St U:5 3 room, 1 bed, 1 bath Brownstone $495,000 Oct 23 12:00 PM to 1:00 PM
71283601 133-135 Marlborough St. U:12 4 room, 1 bed, 1 bath Mid-Rise $520,000 Oct 23 2:00 PM to 3:30 PM
71278281 14 Follen St U:1 3 room, 2 bed, 1.5 bath Rowhouse $849,000 Oct 23 12:30 PM to 1:30 PM
71275188 338 Beacon Street U:6/7 6 room, 2 bed, 2 bath Rowhouse $1,190,000 Oct 23 12:30 PM to 1:30 PM
71267929 160 Commonwealth U:708 5 room, 3 bed, 2 bath Mid-Rise $995,000 Oct 23 1:00 PM to 2:30 PM
71267774 135 Marlborough Street U:8 4 room, 2 bed, 1 bath Other (See Remarks) $599,000 Oct 23 11:00 AM to 12:00 PM
71267048 113 Commonwealth Ave U:3 6 room, 3 bed, 2.5 bath Townhouse $1,795,000 Oct 23 12:00 PM to 1:00 PM
71295496 437 Marlborough U:32 2 room, 0 bed, 1 bath Brownstone $249,000 Oct 23 1:00 PM to 3:00 PM
71264529 80 Marlborough Street U:8 3 room, 1 bed, 1 bath Rowhouse $725,000 Oct 23 3:00 PM to 4:00 PM
71261378 40 Saint Botolph St U:24 4 room, 1 bed, 1 bath Rowhouse $414,000 Oct 23 1:00 PM to 2:00 PM
71261387 40 Saint Botolph St U:B1 4 room, 1 bed, 1 bath Rowhouse $354,000 Oct 23 1:00 PM to 2:00 PM
71290401 133 Commonwealth U:1 4 room, 1 bed, 1 bath Brownstone $409,000 Oct 23 1:45 PM to 3:15 PM
71255222 416 Marlborough U:501 4 room, 2 bed, 2 bath Mid-Rise $669,000 Oct 23 1:00 PM to 2:15 PM
71246875 285 Beacon Street U:3A 6 room, 3 bed, 2 bath Rowhouse $999,000 Oct 23 11:30 AM to 12:30 PM
71245985 280 Commonwealth Ave U:108 4 room, 2 bed, 1 bath Brownstone $679,000 Oct 23 12:00 PM to 2:00 PM
71240924 33 Bay State Road U:5 4 room, 2 bed, 1 bath Brownstone $549,000 Oct 23 1:30 PM to 2:30 PM
71241126 416 Marlborough U:505 3 room, 1 bed, 1 bath Mid-Rise $495,000 Oct 23 1:00 PM to 2:15 PM
71241562 68 Marlborough U:B 4 room, 2 bed, 1.5 bath Townhouse $999,000 Oct 23 11:30 AM to 12:30 PM
71288422 160 Commonwealth Ave U:301 5 room, 2 bed, 2.5 bath Mid-Rise $870,000 Oct 23 1:00 PM to 2:00 PM
71274483 24 Marlborough Street U:5 4 room, 2 bed, 1.5 bath Mid-Rise $809,000 Oct 23 12:00 PM to 1:00 PM
71232460 274 Beacon St U:1E 5 room, 2 bed, 2 bath Brownstone $865,000 Oct 23 12:00 PM to 1:00 PM
71230031 10 Cumberland Street U:4 5 room, 2 bed, 2 bath Brownstone $749,900 Oct 23 12:00 PM to 2:00 PM
71231376 327 Beacon U:1 4 room, 2 bed, 2.5 bath Townhouse $995,000 Oct 23 12:30 PM to 3:00 PM
71230491 133 Marlborough St U:10 3 room, 1 bed, 1 bath Mid-Rise $499,900 Oct 23 12:00 PM to 2:30 PM
71231065 313 Commonwealth Ave U:3 7 room, 3 bed, 2.5 bath Rowhouse $4,200,000 Oct 23 1:00 PM to 2:30 PM
71226293 313 Commonwealth Ave U:1 7 room, 3 bed, 3.5 bath Rowhouse $2,875,000 Oct 23 1:00 PM to 2:30 PM
71225765 308 Commonwealth Avenue U:F 7 room, 3 bed, 1.5 bath Low-Rise $1,225,000 Oct 23 12:00 PM to 1:00 PM
71296985 416 Marlborough St U:702 4 room, 2 bed, 2 bath Mid-Rise $640,000 Oct 23 12:00 PM to 1:00 PM
71198814 192 Marlborough Street U:1 5 room, 3 bed, 3.5 bath Townhouse $2,999,000 Oct 23 12:00 PM to 1:00 PM
71193298 318 Commonwealth ave U:3 5 room, 2 bed, 1.5 bath Brownstone $939,999 Oct 23 12:00 PM to 1:30 PM
71258949 285 Beacon Street U:4B 5 room, 2 bed, 2 bath Low-Rise $1,250,000 Oct 23 1:30 PM to 2:30 PM
71152754 4 Charlesgate East U:3 6 room, 2 bed, 2 bath Mid-Rise $650,000 Oct 23 11:30 AM to 1:00 PM
71226832 8 Garrison St U:100 2 room, 1 bed, 1 bath Mid-Rise $294,000 Oct 23 12:30 PM to 1:30 PM
71059793 45 Commonwealth Avenue U:3 8 room, 3 bed, 3.5 bath Brownstone $4,450,000 Oct 23 2:00 PM to 3:00 PM
71189322 373 marlborough st. U:1 6 room, 3 bed, 2.5 bath Townhouse $1,095,000 Oct 23 2:00 PM to 3:00 PM
70997544 285 Columbus Avenue U:208 4 room, 2 bed, 2 bath Mid-Rise $874,000 Oct 23 1:00 PM to 2:00 PM
70989911 286 marlborough U:3 8 room, 3 bed, 2 bath Townhouse $899,000 Oct 23 11:30 AM to 1:30 PM

Above, 14 Hereford Street #1, Back Bay, Boston, Massachusetts. Shira Steinberg of Keller Williams Realty is the listing agent.

Greater Boston has second lowest unemployment rate of major US cities
Oct 2011 19

According to an analysis from the National Association of Realtors, the Boston metropolitan area has the second lowest unemployment rate in the country.

Measured in percentages, Boston had about a 6.3% unemployment rate, the latest data available. Only Washington, D.C. did better, with a rate around 6.1%. Las Vegas has a rate over 14%, with Detroit second at about 13%.

Nearby New York is around 8% while San Francisco’s near 10%.

Below, changes to the metro-Boston unemployment rate during the past five years.

boston unemployment 2007-2011

Home appraisal tips to increase the value of your home
Oct 2011 18

When you put your house or condominium up for sale, after you get an offer from a potential buyer that you find acceptable, the next step is that the buyer’s lender will send out a home appraiser to estimate the value of the home. The estimate will be based on how your home compares to other properties in the neighborhood of similar size, style, and quality. It might seem odd to you that the lender has a say in how much your home is worth, after all, the buyer seems to have had no problem making an offer you find acceptable; shouldn’t the bank just make its loan based on that?

Well, no. Easy lending criteria is what got us into this economic mess (well, partially). Sometimes, the banks lent too much money to people buying homes that are now worth less (or, much less) than they were just several years ago. So, the banks are much more careful about how much money they will give a borrower in order to buy a home.

The home appraiser is supposed to be independent, non-biased. I’ve found the majority of appraisers to be so. What I have found to be a problem, however, is that many appraisers here in Boston are used to appraising homes in the suburbs, so aren’t educated or sophisticated enough to estimate the value of a condominium accurately. The appraiser might look at comparable properties that are in completely different neighborhoods than the condo is in, or might compare a newly-constructed condo with one in a traditional townhouse.

Although the appraisal process is pretty much cut-and-dry and straight-forward, there are some simple ways you can make your home look its best and add a bit of value to the home appraiser’s estimate.

The Wall Street Journal has ten tips to increase the value during your home appraisal. There’s a couple of simple tips, such as cleaning up your property, locking up your pets during the appraisal, doing some painting to make it look fresh. They also recommend having a folder of renovations and repairs with costs included. And, most importantly (and your real estate agent should do this for you), you should have a list of comparable properties that have recently sold in your neighborhood, to help the home appraiser understand the current state of the local real estate market.

Back Bay Open Houses for Sunday, October 16, 2011
Oct 2011 14

A complete list of all single-family and condominium homes with open houses scheduled for the weekend of October 16, 2011 in the Back Bay neighborhood of Boston.

Please contact me for more information on these listings and to inquire about my services as a buyer’s agent.

MLS # Address Description List Price Time/Date
71216431 367 Beacon St 12 room, 5 bed, 4.5 bath Victorian $3,750,000 Oct 16 11:30 AM to 1:00 PM
71071409 1 Exeter Street 12 room, 5 bed, 4 full, 2 half bath Other (See Remarks) $3,599,000 Oct 16 1:30 PM to 2:30 PM
71299787 486 Beacon Street U:6 3 room, 1 bed, 1 bath Mid-Rise $449,900 Oct 16 11:30 AM to 1:00 PM
71299820 236 W Newton St U:2 3 room, 1 bed, 1 bath Brownstone $479,000 Oct 16 12:00 PM to 1:00 PM
71299869 56 Commonwealth Ave U:41 3 room, 1 bed, 1 bath Mid-Rise $599,000 Oct 16 12:30 PM to 1:30 PM
71300190 411 Beacon St U:8 3 room, 1 bed, 1 bath Brownstone $295,000 Oct 16 11:00 AM to 12:30 PM
71299184 261 Marlborough Street U:10 3 room, 1 bed, 1 bath Brownstone $489,900 Oct 16 11:30 AM to 1:00 PM
71298889 483 Beacon St U:46 3 room, 1 bed, 1 bath Mid-Rise $375,000 Oct 16 11:30 AM to 1:00 PM
71298964 265 Beacon U:1 3 room, 1 bed, 1 bath Townhouse $599,000 Oct 16 1:30 PM to 3:00 PM
71296612 184 Commonwealth Ave U:10 4 room, 2 bed, 2 bath Mid-Rise $699,000 Oct 16 12:00 PM to 1:30 PM
71296359 327 Commonwealth Ave. U:3 5 room, 2 bed, 2 bath Townhouse $1,190,000 Oct 16 1:00 PM to 2:00 PM
71295795 343 Commonwealth Ave U:A 4 room, 1 bed, 1 bath Rowhouse $357,700 Oct 16 12:00 PM to 1:00 PM
71295099 285 Columbus Avenue U:801 3 room, 1 bed, 1 bath Mid-Rise $695,000 Oct 16 1:00 PM to 2:00 PM
71293854 7 Bay State Road U:2C 5 room, 2 bed, 2 bath Brownstone $699,000 Oct 16 12:00 PM to 1:00 PM
71293310 201 Newbury Street U:508 5 room, 2 bed, 2 bath Mid-Rise $895,000 Oct 16 1:00 PM to 2:00 PM
71293330 337 Commonwealth Ave U:40 4 room, 2 bed, 2 bath Townhouse $985,000 Oct 16 1:00 PM to 2:15 PM
71293455 483 Beacon St U:11 5 room, 2 bed, 1.5 bath Mid-Rise $629,000 Oct 16 1:30 PM to 2:30 PM
71293707 407 Marlborough St U:3A 3 room, 1 bed, 1 bath Rowhouse $475,000 Oct 16 12:45 PM to 1:45 PM
71294572 145 St Botolph St U:12/13 5 room, 3 bed, 2.5 bath Low-Rise $1,230,000 Oct 16 11:30 AM to 1:00 PM
71290409 34 Commonwealth Avenue U:3 3 room, 1 bed, 1 bath Townhouse $824,000 Oct 16 1:00 PM to 2:00 PM
71287282 8 Gloucester St U:11 5 room, 2 bed, 2 bath Mid-Rise $900,000 Oct 16 12:00 PM to 1:00 PM
71286473 311 Commonwealth Ave U:41 5 room, 2 bed, 1.5 bath Mid-Rise $725,000 Oct 16 12:30 PM to 2:00 PM
71285355 195 Marlborough St U:1 6 room, 2 bed, 2 bath Brownstone $1,025,000 Oct 16 2:00 PM to 3:00 PM
71284322 127 Marlborough Street U:2 4 room, 2 bed, 1.5 bath Brownstone $959,000 Oct 16 12:30 PM to 1:30 PM
71284397 76 Marlborough Street U:4 4 room, 2 bed, 1.5 bath Brownstone $815,000 Oct 16 12:00 PM to 1:00 PM
71283677 293-295 Commonwealth Avenue U:1C 4 room, 2 bed, 1 bath Rowhouse $499,000 Oct 16 1:30 PM to 2:30 PM
71297585 347 Commonwealth Avenue U:B 7 room, 2 bed, 2.5 bath Brownstone $2,400,000 Oct 16 12:00 PM to 1:00 PM
71283344 146 Marlborough St U:5 3 room, 1 bed, 1 bath Brownstone $495,000 Oct 16 12:00 PM to 1:00 PM
71275188 338 Beacon Street U:6/7 6 room, 2 bed, 2 bath Rowhouse $1,190,000 Oct 16 11:00 AM to 12:00 PM
71267774 135 Marlborough Street U:8 4 room, 2 bed, 1 bath Other (See Remarks) $599,000 Oct 16 11:00 AM to 12:00 PM
71267048 113 Commonwealth Ave U:3 6 room, 3 bed, 2.5 bath Townhouse $1,825,000 Oct 16 12:00 PM to 1:00 PM
71264529 80 Marlborough Street U:8 3 room, 1 bed, 1 bath Rowhouse $725,000 Oct 16 1:30 PM to 2:30 PM
71264606 3 Gloucester St U:2 3 room, 1 bed, 1 bath Mid-Rise $339,000 Oct 16 1:00 PM to 2:00 PM
71264788 501 Beacon St U:3 2 room, 0 bed, 1 bath Rowhouse $295,000 Oct 16 11:30 AM to 12:30 PM
71290401 133 Commonwealth U:1 4 room, 1 bed, 1 bath Brownstone $409,000 Oct 16 1:30 PM to 3:00 PM
71255222 416 Marlborough U:501 4 room, 2 bed, 2 bath Mid-Rise $669,000 Oct 16 12:00 PM to 1:00 PM
71246875 285 Beacon Street U:3A 6 room, 3 bed, 2 bath Rowhouse $999,000 Oct 16 11:30 AM to 12:30 PM
71245985 280 Commonwealth Ave U:108 4 room, 2 bed, 1 bath Brownstone $679,000 Oct 16 12:00 PM to 2:00 PM
71239403 413 Beacon Street U:5 4 room, 1 bed, 1 bath Rowhouse $469,000 Oct 16 2:30 PM to 3:30 PM
71241126 416 Marlborough U:505 3 room, 1 bed, 1 bath Mid-Rise $495,000 Oct 16 12:00 PM to 1:00 PM
71241562 68 Marlborough U:B 4 room, 2 bed, 1.5 bath Townhouse $1,095,000 Oct 16 12:00 PM to 1:15 PM
71240291 10 Charlesgate E. U:301 4 room, 2 bed, 2 bath Mid-Rise $659,000 Oct 16 11:30 AM to 12:30 PM
71240575 157-159 Newbury Street U:3 9 room, 3 bed, 4.5 bath Brownstone $2,100,000 Oct 16 1:30 PM to 2:30 PM
71288422 160 Commonwealth Ave U:301 5 room, 2 bed, 2.5 bath Mid-Rise $870,000 Oct 16 1:30 PM to 2:30 PM
71274483 24 Marlborough Street U:5 4 room, 2 bed, 1.5 bath Mid-Rise $809,000 Oct 16 12:00 PM to 1:00 PM
71230031 10 Cumberland Street U:4 5 room, 2 bed, 2 bath Brownstone $774,900 Oct 16 12:00 PM to 1:30 PM
71231376 327 Beacon U:1 4 room, 2 bed, 2.5 bath Townhouse $995,000 Oct 16 12:00 PM to 2:30 PM
71230491 133 Marlborough St U:10 3 room, 1 bed, 1 bath Mid-Rise $499,900 Oct 16 12:00 PM to 2:00 PM
71231065 313 Commonwealth Ave U:3 7 room, 3 bed, 2.5 bath Rowhouse $4,200,000 Oct 16 1:00 PM to 2:30 PM
71226293 313 Commonwealth Ave U:1 7 room, 3 bed, 3.5 bath Rowhouse $2,875,000 Oct 16 1:00 PM to 2:30 PM
71225765 308 Commonwealth Avenue U:F 7 room, 3 bed, 1.5 bath Low-Rise $1,225,000 Oct 16 12:30 PM to 1:30 PM
71215457 146 Marlborough Street U:7 3 room, 1 bed, 1 bath Brownstone $493,000 Oct 16 12:00 PM to 1:30 PM
71286799 392 Marlborough St U:1 6 room, 2 bed, 2 full, 2 half bath Brownstone $1,689,000 Oct 16 12:00 PM to 1:30 PM
71210638 347 Commonwealth Avenue U:PH 7 room, 3 bed, 2.5 bath Brownstone $2,650,000 Oct 16 12:00 PM to 1:00 PM
71296985 416 Marlborough St U:702 4 room, 2 bed, 2 bath Mid-Rise $640,000 Oct 16 12:00 PM to 3:00 PM
71198681 1 Charles Street South U:15H 4 room, 2 bed, 2 bath Mid-Rise $1,510,000 Oct 16 1:00 PM to 2:00 PM
71198814 192 Marlborough Street U:1 5 room, 3 bed, 3.5 bath Townhouse $2,999,000 Oct 16 1:30 PM to 2:30 PM
71292449 242 Beacon St U:3 4 room, 2 bed, 1.5 bath Brownstone $739,000 Oct 16 11:00 AM to 12:00 PM
71226832 8 Garrison St U:100 2 room, 1 bed, 1 bath Mid-Rise $294,000 Oct 16 2:30 PM to 3:30 PM
71059793 45 Commonwealth Avenue U:3 8 room, 3 bed, 3.5 bath Brownstone $4,450,000 Oct 16 12:00 PM to 1:00 PM
70997544 285 Columbus Avenue U:208 4 room, 2 bed, 2 bath Mid-Rise $874,000 Oct 16 1:00 PM to 2:00 PM
70989911 286 marlborough U:3 8 room, 3 bed, 2 bath Townhouse $899,000 Oct 16 1:00 PM to 2:30 PM

Above, 56 Commonwealth Ave #41, Back Bay, Boston, Massachusetts. Robert Cohen of Boston Realty Advisors is the listing agent.

Differences between male and female real estate agents
Oct 2011 14

There’s a lot of information out there, some good, some bad, some just interesting.

This comes in as “interesting”.

Trulia did a study that purports to show a difference in behaviors of male and female real estate agents.

Supposedly, male real estate agents have more listings than female agents, while female real estate agents list their properties for sale at higher prices.

In Massachusetts, they say, there’s a 23% discrepancy between list prices by male and female real estate agents. Meanwhile, the typical male real estate agents has 5% more listings than your average female real estate agent.

The discrepancy in number of listings is interesting for another reason; nationwide (and, presumably, here in Massachusetts), the number of female real estate agents is higher than the number of male real estate agents.

There’s so many factors at work here, so who knows. Perhaps more women than men are working as part-time agents, so they have fewer listings? Maybe sellers are sexist, and prefer listing with men? Maybe men take on more listings than they should – being either greedy or just short-sighted?

Regarding the higher price – that’s list price, not sales price. Which raises the question – do female real estate agents list properties for higher prices and sell at higher prices, or do their listings have to come down by more than the male real estate agents’ properties in order to sell?

High end million-dollar Boston homes for sale
Oct 2011 11

The high-end Boston condominium and single-family homes’ market has remained strong despite this grueling recession.

Using MLSPIN data provided and collected from third-party sources, I see that there were 242 condos and single-family homes sold during the past six months for more than $1 million. Of these, 72 were sold for more than $2 million, and eight for more than $5 million. Four homes sold for more than $8 million. A single-family home at 20 Louisburg Square sold for $11.5 million and a condominium in the Mandarin Oriental at 776 Boylston Street sold for $13.2 million (another sold for $12.2 million).

There are currently 287 homes for sale for more than $1 million. This includes 69 single-family homes and 218 condominiums. Of the 287 homes, 112 are priced at more than $2 million. Twenty-one are listed for more than $5 million. Six are priced at $10 million or more. Currently, there are two single-family homes listed for more than $15 million, This includes a $15.9 million listing at 15 Commonwealth Ave and a $23 million property at 306 Dartmouth Street, the Ames-Webster mansion.

Please contact me for more information on high-end condo and single-family home sales in Boston, to discuss ways in which I can help you as a buyer’s agent, and for advice on listing your high-end home for sale.

Above, 56 Beacon Street, listed at $12,500,000. Jeannemarie Conley of Otis & Ahearn is the listing agent.

Back Bay Boston Open Houses for Sunday, October 9, 2011
Oct 2011 07

A complete list of all single-family and condominium homes with open houses scheduled for the weekend of October 9, 2011.

Please contact me for complete details and to set up private showings.

MLS # Address Description List Price Time/Date
71216431 367 Beacon St 12 room, 5 bed, 4.5 bath Victorian $3,950,000 Oct 9 2:00 PM to 3:30 PM
71296612 184 Commonwealth Ave U:10 4 room, 2 bed, 2 bath Mid-Rise $699,000 Oct 9 12:00 PM to 1:30 PM
71296359 327 Commonwealth Ave. U:3 5 room, 2 bed, 2 bath Townhouse $1,190,000 Oct 9 12:00 PM to 1:30 PM
71295795 343 Commonwealth Ave U:A 4 room, 1 bed, 1 bath Rowhouse $357,700 Oct 9 12:00 PM to 1:00 PM
71295099 285 Columbus Avenue U:801 3 room, 1 bed, 1 bath Mid-Rise $695,000 Oct 9 12:00 PM to 2:00 PM
71293302 6 Arlington St U:2M 6 room, 2 bed, 2 bath Mid-Rise $2,100,000 Oct 9 12:00 PM to 1:30 PM
71293405 483 Beacon St U:35 3 room, 2 bed, 1 bath Mid-Rise $449,000 Oct 9 12:00 PM to 1:00 PM
71293455 483 Beacon St U:11 5 room, 2 bed, 1.5 bath Mid-Rise $629,000 Oct 9 12:00 PM to 1:00 PM
71293606 180 Commonwealth U:B 3 room, 2 bed, 1 bath Mid-Rise $539,000 Oct 9 11:00 AM to 12:00 PM
71293707 407 Marlborough St U:3A 3 room, 1 bed, 1 bath Rowhouse $495,000 Oct 9 12:00 PM to 1:00 PM
71292461 280 Beacon Street U:71 6 room, 3 bed, 3 bath Mid-Rise $1,399,000 Oct 9 12:00 PM to 2:00 PM
71290409 34 Commonwealth Avenue U:3 3 room, 1 bed, 1 bath Townhouse $824,000 Oct 9 1:30 PM to 2:30 PM
71287742 352 Commonwealth Avenue U:2 4 room, 2 bed, 2.5 bath Townhouse $879,000 Oct 9 12:30 PM to 2:00 PM
71287282 8 Gloucester St U:11 5 room, 2 bed, 2 bath Mid-Rise $900,000 Oct 9 12:00 PM to 1:00 PM
71286473 311 Commonwealth Ave U:41 5 room, 2 bed, 1.5 bath Mid-Rise $749,000 Oct 9 12:30 PM to 2:00 PM
71284322 127 Marlborough Street U:2 4 room, 2 bed, 1.5 bath Brownstone $959,000 Oct 9 12:30 PM to 1:30 PM
71283677 293-295 Commonwealth Avenue U:1C 4 room, 2 bed, 1 bath Rowhouse $499,000 Oct 9 1:30 PM to 2:30 PM
71283344 146 Marlborough St U:5 3 room, 1 bed, 1 bath Brownstone $495,000 Oct 9 11:30 AM to 1:00 PM
71283601 133-135 Marlborough St. U:12 4 room, 1 bed, 1 bath Mid-Rise $539,000 Oct 9 11:30 AM to 1:00 PM
71278281 14 Follen St U:1 3 room, 2 bed, 1.5 bath Rowhouse $849,000 Oct 9 1:30 PM to 2:30 PM
71274023 464-466 Commonwealth Ave. U:PH91 3 room, 1 bed, 1 bath Mid-Rise $449,000 Oct 9 1:00 PM to 2:00 PM
71267555 106 Marlborough St U:6 4 room, 2 bed, 1 bath Townhouse $649,000 Oct 9 1:00 PM to 2:00 PM
71264529 80 Marlborough Street U:8 3 room, 1 bed, 1 bath Rowhouse $725,000 Oct 8 2:00 PM to 3:00 PM
71261378 40 Saint Botolph St U:24 4 room, 1 bed, 1 bath Rowhouse $414,000 Oct 9 2:00 PM to 3:00 PM
71255222 416 Marlborough U:501 4 room, 2 bed, 2 bath Mid-Rise $669,000 Oct 9 12:30 PM to 2:00 PM
71249234 295-297 Beacon St U:2 7 room, 3 bed, 2.5 bath Mid-Rise $1,099,000 Oct 9 1:00 PM to 2:00 PM
71249286 271 Dartmouth St U:2K 2 room, 1 bed, 1 bath Mid-Rise $349,000 Oct 9 2:00 PM to 3:00 PM
71246875 285 Beacon Street U:3A 6 room, 3 bed, 2 bath Rowhouse $999,000 Oct 9 11:30 AM to 12:30 PM
71245985 280 Commonwealth Ave U:108 4 room, 2 bed, 1 bath Brownstone $679,000 Oct 9 11:30 AM to 1:30 PM
71239403 413 Beacon Street U:5 4 room, 1 bed, 1 bath Rowhouse $485,000 Oct 9 1:30 PM to 3:00 PM
71240924 33 Bay State Road U:5 4 room, 2 bed, 1 bath Brownstone $549,000 Oct 9 1:30 PM to 2:30 PM
71241126 416 Marlborough U:505 3 room, 1 bed, 1 bath Mid-Rise $495,000 Oct 9 12:30 PM to 2:00 PM
71274483 24 Marlborough Street U:5 4 room, 2 bed, 1.5 bath Mid-Rise $809,000 Oct 9 12:00 PM to 1:00 PM
71232460 274 Beacon St U:1E 5 room, 2 bed, 2 bath Brownstone $865,000 Oct 9 12:00 PM to 1:30 PM
71230031 10 Cumberland Street U:4 5 room, 2 bed, 2 bath Brownstone $774,900 Oct 9 12:00 PM to 1:30 PM
71231376 327 Beacon U:1 4 room, 2 bed, 2.5 bath Townhouse $995,000 Oct 9 12:00 PM to 2:30 PM
71230491 133 Marlborough St U:10 3 room, 1 bed, 1 bath Mid-Rise $499,900 Oct 9 11:30 AM to 2:00 PM
71231065 313 Commonwealth Ave U:3 7 room, 3 bed, 2.5 bath Rowhouse $4,200,000 Oct 9 11:00 AM to 12:00 PM
71226293 313 Commonwealth Ave U:1 7 room, 3 bed, 3.5 bath Rowhouse $2,875,000 Oct 9 11:00 AM to 12:00 PM
71215457 146 Marlborough Street U:7 3 room, 1 bed, 1 bath Brownstone $493,000 Oct 9 11:30 AM to 12:30 PM
71214960 228-230 Beacon U:B6 4 room, 1 bed, 1 bath Townhouse $799,000 Oct 9 1:30 PM to 2:30 PM
71296985 416 Marlborough St U:702 4 room, 2 bed, 2 bath Mid-Rise $640,000 Oct 9 12:00 PM to 2:00 PM
71059793 45 Commonwealth Avenue U:3 8 room, 3 bed, 3.5 bath Brownstone $4,450,000 Oct 9 12:00 PM to 1:00 PM
70997544 285 Columbus Avenue U:208 4 room, 2 bed, 2 bath Mid-Rise $874,000 Oct 9 1:00 PM to 2:00 PM
70989911 286 marlborough U:3 8 room, 3 bed, 2 bath Townhouse $899,000 Oct 9 1:45 PM to 3:00 PM

Above, 327 Commonwealth Ave #3, Back Bay, Boston, Massachusetts. Tracey Smith of Coldwell Banker Residential Brokerage is the listing agent.

DNA Lofts auction leads to healthy sales, few remain
Oct 2011 07

The DNA Lofts is a condominium project on Dorchester Ave in Dorchester.

The developer was only able to sell 15 of its 57 units during the past several years so he decided to hold an auction, which took place last night.

According to a Banker & Tradesman article, 15 of the 28 units that went up for auction were sold. The developer stopped the auction when bids started dropping after the first couple of units were sold (for more than 60% of final auction list prices).

According to B&T, six units were sold post-auction.

The remaining units, which I estimate to be 21 units left for sale, will be listed the traditional way.

For information on individual unit sales prices and for private tours of the DNA Lofts, please contact me.

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