Buyer’s be ready, it’s happening again:

Another Boston-area condo building is hitting the auction block! This time, you will have the opportunity to live only a few blocks from Fenway Park, and with bids starting at $195,000, buyers are going to be able to steal their new homes!

Since October 2007, more than eight condo building developers have chosen to put some, if not all of their unsold units up for auction.  Reasons for doing so may vary but, one thing is true: Buyer’s walk away with a wonderful home for an amazing price, and this auction will be no different!

Audubon Park is a brand new construction that was completed in 2008 and is located in the middle of the educational and medical mecca of Boston.  Only minutes from some of Boston’s most amazing colleges and universities, as well as the Longwood Medical area, the location of Audubon Park may just be its biggest selling point… except for their price.

Bids will start at $195,000 for a studio, and go up to $325,000 for a two bedroom, two bath condo.  If you have been keeping an eye on the market, you will know that these starting prices are UNREAL!  Similar two bedroom condos in the building sold for over $700,000 in 2008 and I will guarantee that the highest bidder will be getting the best quality for the lowest price possible.  It is not to be missed!

The auction will take place on Tuesday, October 19th and buyer’s can preview and pick the units they want to bid on from now until October 18th.  Buyer representation is free and provides you with an expert in the field of real estate auctions as well as protects you, the buyer.  Please contact us if you have any questions or would like one of our agents to accompany you on your first visit*.  Our agents will also accompany you on any follow up visit, help you throughout the entire process and provide expert, VIP service on the day of the auction.  We are also offering cash-back incentives, so please ask about them when you call!

Contact us today at 617-416-1322 or bwagner@warrenre.com and take the first step toward owning an amazing new home!

*A Warren Residential agent must be present at your first viewing of the property.  Please note that cash-back incentives will not be applicable if one of our agents is not physically present the first showing.

Our friend over at Boston Real Estate Blog compared 2009 condo sales to 2008.  Here are the findings.  Thoughts?

12/1/09 – 12/18/09
Listings: 153
Avg. $: $552,800
Median $: $380,000
Avg. $/SF: $462
Avg. DOM: 116

12/1/08 – 12/18/08
Listings: 186
Avg. $: $441,077
Median $: $300,000
Avg. $/SF: $458
Avg. DOM: 139

Buyers balked at the price, so Curt Schilling is changing his pitch again in an effort to sell his Medfield mansion.

No. 38 has reduced the price of his 26-acre Medfield estate to $4.5 million, the same price the former Red Sox pitcher and his wife Shonda paid Drew Bledsoe for the 20-room Colonial in 2004.

The 11,000-square-foot gated home, which includes a home theater, heated swimming pool, an all-sports court and a professional batting cage, was originally listed last year for $8 million. That price was dropped to $5 million in March.

“At $8 million, it was priced way too high to begin with,” said Scott Colwell, a developer who is selling a new four-bedroom home in the Woodcliff Hills section of Medfield for $1.4 million. “They lowered the price to 2004 levels, which is more realistic in today’s market.” (Source: Boston Herald)

Want more info?  Email jheller@warrenre.com

New York Magazine’s recent article titled The Smallest Apartment On The Market featured a  175-square-foot studio located at 535 West 110th Street with an asking price of  $195,000 (Maintenance: $170 per month).  This got us thinking – What’s the smallest unit currently on the market in Boston – so away to the database we went and (drumroll please)…Introducing Boston’s Smallest Condo (currently on the market).  Think you can make it work?  Contact us at 508.930.6232.

65 Burbank – U:7 (Fenway Area)   /  298 sqft  / Asking Price: $199,000

Samuels and Associates, the local developers/movie producers who are behind the great success of The Trilogy, another luxury apartment building in the Fenway, have just released availability and pricing for their new luxury apartment high rise called the 1330 Boylston!  This amazing new construction building will be home to luxury apartments which will feature:

• Granite Counters
• Stainless Steel Appliances
• In-unit Washer/Dryer
• Hardwood Floors
• Skyline views from some units
• Walk-in Closets
• Concierge
• Rooftop Deck
• Club Room
• Private Balconies from some units
• PET FRIENDLY!!

Pricing starts at:

• 1 Bed/ 1 Bath from $2574
• 1 Bed/ 1 Bath/ Study from $2595
• 1 Bed/ 1.5 Bath from $2750
• 1 Bed/ 1.5 Bath/ Study from $2800
• 2 Bed/ 1.5 Bath from $3300
• 2 Bed/ 2 Bath from $3550
• 2 Bed/ 2 Bath/ Study from $3620
• 3 Bed/ 3 Bath from $7500 

To setup a showing call or email a Warren Residential Group rental agent today at 617-848-9616 ext. 2 or rentals@warrenre.com to setup a no obligation showing today.  And again, there is no broker’s fee!