Top 5 highest and lowest priced Boston condos sold this month

Posted by Michael DiMella on Fri, Aug 28, 2009

Similar to how I wrote about the Boston real estate market in April and May (sorry - I skipped June), here are the Top 5 highest and lowest priced Boston condos sold in July.

The price range is always astounding to me - this month the highest priced condo in Boston sold for 100 times more than the lowest priced condo.  And these two properties are only a hair over 2 miles away from each other - easily walkable.  Two miles and 100x the price.  Amazing.  And this is even a smaller price range difference than in either May or April!

 

Boston condo market statistics for July 2009

Before I get to the most and least expensive properties, 464 Boston condos in total were sold in July 2009 for a total value of $200,795,740 and here's a quick summary of the market statistics from MLS (with June stats in parenthesis as comparison):

Number Sold: 464  (411)

Average list price: $449,546  ($486,463)

Average sale price: $432,749  ($464,784)

Average discount ratio: 3.7%  (4.5%)

Average days on market: 95  (89)

Average price per square foot: $444  ($465)

Total market $ volume: $200,795,740  ($191,026,021)


Top 5 Least Expensive Boston condos sold in July 2009

Here are the 5 lowest price condos sold in Boston in May.  I have included a photo, quick specs, and the first line of the description from MLS to provide a little background.

 

37-39 Folsom St - Unit 6

37-39 Folsom St - Unit 6
Dorchester
3 Bed | 1 Bath
Sale Price: $29,000


Bank Owned condominium. Investor Alert. Building in need of extensive repairs. No Condo Association.

 

 

 

 

247 WASHINGTON ST - Unit 1 247 WASHINGTON ST - Unit 1
Dorchester
1 Bed | 1 Bath
Sale Price: $30,000


This cozy first floor level unit is located on the bus line with easy access to shopping and so much more, bring your offer.

 

 

 

 

15 Boyden St - Unit 4

15 Boyden St - Unit 4
Boston
2 Bed | 1 Bath
Sale Price: $35,000


Please be advised that this property is listed post-foreclosure, and therefore caution should be exercised by brokers and their clients during any entry and inspection of the premises.

 

 

 

21 Bicknell St - Unit 1 21 Bicknell St - Unit 1
Dorchester
3 Bed | 1 Bath
Sale Price: $37,900


Good Location near public transportation. Offer, pre-approval and/or proof of funds copy of earnest money deposit check, name, email and contact information for the buyers, buyers broker, buyers attorney and mortgage broker on the over cover sheet.

 


37-39 folsom - Unit 537-39 Folsom - Unit 5
Dorchester
2 Bed | 1 Bath
Sale Price: $39,000


Please be advised that this property is listed post-foreclosure, and therefore caution should be exercised by brokers and their clients during any entry and inspection of the premises.

 

 

 

 

 

Top 5 Most Expensive Boston condos sold in July 2009

 

228 West Canton St - Unit 1 228 West Canton St - Unit 1
Boston: South End Condo
3 Bed | 3.5 Bath
Sale Price: $1,875,000


Dramatic Parlor, Street and Garden Triplex offers 3+ bedrooms, 3.5 baths, deck off kitchen, private rear patio and 2 direct access deeded parking spaces.

 

 

 

 

 

 

 

776 Boylston Street - Unit E11E 776 Boylston Street - Unit E11E
Boston: Back Bay Condo
2 Bed | 2.5 Bath
Sale Price: $2,500,000


Five star living at the Mandarin Oriental w/full hotel services incl resident access to a lavish spa, wellness center, yoga/meditation, & Middle Eastern inspired Hammam.

 

 

96 Beacon Street - Unit 2 96 Beacon Street - Unit 2
Boston: Beacon Hill Condo
3 Bed | 3.5 Bath
Sale Price: $2,650,000


Recently completed! Exceptional 3 bedroom duplex with private terrace and courtyard.

 

 

 

68 Beacon Street - Unit 7W 68 Beacon Street - Unit 7W
Boston: Beacon Hill Condo
3 Bed | 3 Bath
Sale Price: $2,695,000


Elegant, sun filled, seventh floor cooperative apartment in a distinctive corner, doorman building.

 

 

303 Columbus Ave - Unit PH1001 303 Columbus Ave - Unit PH1001
Boston: South End Condo
3 Bed | 2 Bath
Sale Price: $2,975,000


The Bryant on Columbus, an intimate enclave of 50 homes in a fabulous location, between Clarendon & Dartmouth Sts.

 

 

That's it for this month's edition of "perspective" on the Boston real estate market.  As usual, amazing variation in Boston condos over just a few miles.  If you have any questions about the market, just contact me and ask away!

What do you think of the difference in Boston condo prices?  Comment below!

 

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Tags: Boston real estate, Boston condos, foreclosures, housing market