Please contact me for more information and to discuss ways I can help you as a buyer’s agent.

For this list on an Excel spreadsheet, click below:

Boston Sunday Open Houses May 20

Above, 8A Walnut Street, Beacon Hill, Boston, Massachusetts. Jeannemarie Conley of Otis & Ahearn is the listing agent.

For details on each listing, click on the MLS number.

For the list as an Excel spreadsheet, click below.

Boston Sunday Open Houses on May 13, 2012

Above, 3 Haven Street, South End, Boston, Massachusetts. Lucas Garofalo of Keller Williams Realty International is the listing agent.

Traffic on my website was pretty flat this year, up until the second week of April, when it started its climb upward. Over the past 30 days, traffic has been up as much as 400%.

The increased activity is no doubt the result of more people out there looking for information on the Boston real estate and Boston condominium markets. Makes sense – fewer people look to move in the winter months. Once the warmer weather comes around, people are more interested in spending their Sundays at open houses. Lots of times, homebuyers want to have their new homes purchased by the beginning of summer – meaning, just after Labor Day. That way, they get settled down early enough that they can enjoy their summers.

As you can see from the chart above, traffic remained high for those 30 days but has been trending downward for almost a week and dropped considerably for two of the past three days. Only today did the site see higher levels of activity. Sundays get good traffic because people are searching for Sunday Open House information.

I can’t say for sure. If the traffic stays up at the levels it has been for the past several weeks, then the drop in activity for two days was an anomaly. By the end of this coming week I should know for sure if there’s still a high level of activity out there.

An alternative point of view is that there is less traffic but that it’s because buyers have moved on from gathering information the web to actually seeing properties and making offers. So, there’s not as much a need to go to websites such as mine. People already have their agents and are ready to make deals.

We will see!

Number of units currently on the market: 637 (637) (966) (1,101) (n/a)
Average days on market: 96 (98) (124) (115) (n/a)
Median list price: $749,000 ($749,000) ($627,000) ($629,000) (n/a)
Average list price: $1,091,948 ($1,092,945) ($973,213) ($1,032,406) (n/a)

Number of units under agreement: 190 (212) (149) (190) (n/a)

Number of units sold (past 30 days): 155 (154) (139) (134) (95)
Average days on market: 107 (109) (105) (100) (97)
Median close price: $605,000 ($574,750) ($610,000) ($551,000) ($510,000)
Average close price: $847,371 ($804,376) ($786,097) ($990,738) ($777,258)
Original list to close price: 96% (95%) (94%) (95%) (95%)
Sales velocity: $131,342,560 ($123,873,904) ($109,267,530) ($120,698,875) ($73,839,501)

Thoughts: Healthy numbers reported this week. On market inventory is flat compared to last week, as is units sold, but the average and median sales prices are up and the list to close price is at 96%! Not many deals to be had by buyers, apparently.

This report includes sales and inventory information for condominiums located in the following downtown Boston neighborhoods: South End, Back Bay, Beacon Hill, West End, North End, Waterfront, Seaport District, Chinatown, Leather District, Midtown, and Fenway.

Data collected from third-party sources by the Multiple Listing Service Property Information Network, Inc.

Please contact me for complete details and to inquire how I can help you as a buyer’s agent.

Click on the MLS # to get a complete description and photos of any of these listings.

For the complete list on an Excel spreadsheet, please click below:

Boston Sunday Open Houses on May 6, 2012

Above, 609 Massachusetts Avenue #3, South End, Boston, Massachusetts. Diane Davidson and Richard Giglio of Keller Williams Realty International are the listing agents.

Number of units currently on the market: 637 (617) (938) (1,258) (n/a)
Average days on market: 98 (105) (120) (111) (n/a)
Median list price: $749,000 ($759,000) ($619,000) ($580,000) (n/a)
Average list price: $1,092,945 ($1,099,498) ($962,827) ($955,691) (n/a)

Number of units under agreement: 212 (202) (152) (204) (n/a)

Number of units sold (past 30 days): 154 (123) (126) (120) (110)
Average days on market: 109 (109) (133) (108) (117)
Median close price: $574,750 ($575,000) ($587,500) ($551,000) ($494,500)
Average close price: $804,376 ($843,231) ($795,644) ($831,606) ($681,301)
Original list to close price: 95% (95%) (94%) (94%) (94%)
Sales velocity: $123,873,904 ($103,717,384) ($100,251,193) ($99,792,669) ($74,943,064)

Thoughts: Sales volume increased; we’ll see more closings over the coming six weeks due to the spring market hitting its stride. Half the number of units listed for sale with same number under agreements puts upward pressure on prices!

This report includes sales and inventory information for condominiums located in the following downtown Boston neighborhoods: South End, Back Bay, Beacon Hill, West End, North End, Waterfront, Seaport District, Chinatown, Leather District, Midtown, and Fenway.

Data collected from third-party sources by the Multiple Listing Service Property Information Network, Inc.

Click on the MLS# for complete details and photos.

For the complete list on an Excel spreadsheet, please click below:

Boston Sunday Open Houses on April 29, 2012

Please contact me for complete details and to inquire about ways I can help you as a buyer’s agent.

Above, 40 Worcester Street #2, South End, Boston, Massachusetts. Ricardo Rodriguez of Coldwell Banker Residential Brokerage is the listing agent.

For the Greater Boston metropolitan area, local condominium prices dropped a bit, compared to last month, down from last year and off a bit from the year before.

According to the S&P Case-Shiller data, prices dropped approximately 1.5% from January 2012. Values were down about 2% in February 2012 compared to February 2011 and are down 4% from February 2010. Prices are up ~51% since January 2000. Prices reached their post-millennium high in October 2005, when prices were up ~83%.

Please contact me for more information and a complete analysis of the local real estate market.

All data courtesy of The Warren Group, publishers of Banker & Tradesman.

The downtown Boston condominium market includes the South End, Back Bay, Beacon Hill, West End, North End, Waterfront, Chinatown, Bay Village, and Fenway neighborhoods.

Other Boston neighborhoods were a mixed bag of results.

Allston condo sales were down 25% in March while prices were off 3.54%. Brighton sales were down 18% and prices down 3.66%.

Charlestown sales volume was flat compared to last year, while prices were off 11%.

Dorchester sales were up 5.71%, while prices were up more than 34%.

East Boston sales were up 66% (but only from six to 10 sales!), and prices up 75%.
Jamaica Plain had 14 sales this March, up from 12 last year. The median sales price was down more than 26%.

Roxbury sales were off 13% and median price down 22.56%. South Boston sales were up 69% and prices down 5%.

Roslindale recorded 13 sales in March, up 550% from 2011 (which means nothing).
West Roxbury’s volume was up 700%! But, that’s only a change from one to 8 sales.

The property is currently unoccupied (there may be an upholstery shop somewhere inside). This is the building next to the 485 Harrison Ave condo project and next to Leon Electric.

The building has been listed for sale since late 2006, originally at $12 million, most recently at $8,000,000. The final purchase price has not yet been recorded at the Suffolk County Registry of Deeds.

Image above from Google Maps