2009 was a very interesting year in the Boston real estate market. Prior to the release of my 2009 year end Boston condo market report, here's a quick peek at the past year compared to 2008 and 2007:
3627 Boston condos in total were sold in 2009 worth a total value of $1,640,354,171 and here's a summary of the market statistics from MLS (with 2008 stats in italics and 2007 in parenthesis as comparison):
Number Sold: 3627 3869 (4525)
Average list price: $476,894 $521,483 ($512,486)
Average sale price: $452,262 $500,413 ($494,145)
Average discount ratio: 4% 4% (3%)
Average days on market: 105 104 (107)Total market $ volume: $1,640,354,171 $1,936,097,965 ($2,236,005,459)
If you're looking for even more detail (and why wouldn't you be??), including a breakdown of the market by neighborhood and in different price ranges, don't miss my 2009 Boston condo market report with over 40 pages of market trends going back to the year 2000.
The ten most expensive condos sold in Boston in 2009:
500 Atlantic Avenue - 20J
Sale Price: $3,200,000
3 Bed | 4.5 Bath
2913 SQ FT
The Residences at The InterContinental offers all of the services and amenities of a luxury hotel along with magnificent city, park, and water views.
5 Arlington St - 6
Sale Price: $3,250,000
3 Bed | 3 Bath
2545 SQ FT
Magnificent 3bd/3ba fifth floor residence in prestigious building with panoramic views of the Public Garden and beyond.Finest custom finishes and amenities throughout.Keyed elevator to elegant foyer with view to the Public Garden.Grand living and dining rooms with fireplaces and multiple windows w/ Park views. Master bedroom has Charles River view.Huge family room/kitchen with top appliances,laundry room,marble baths,A/C and elevator to one full GARAGE parking.....perfection!
33 Marlborough Street - PH
Sales Price: $3,525,000
3 Bed | 3.5 Bath
3096 SQ FT
Spectacular 3 bedroom, 3.5 bathroom penthouse duplex on first block of sunny-side Marlborough Street offers direct elevator access to a magnificent fireplaced living room with big windows, high ceilings, custom built-ins, fireplaced dining and large sky lit kitchen . Elegant landscaped roof terrace on entertainment level as well as front to back roof deck. Spacious master suite with huge walk-in closet and en-suite marble bath. 2 tandem garage parking spaces.
134 Beacon Street - 301
Sale Price: $3,837,500
3 Bed | 3.5 Bath
2861 SQ FT
Magnificent brand new renovation of a waterside Beacon Street brownstone. This three bedroom floor through features amazing water and city views, soaring ceilings, oversized windows allowing for sunfilled rooms, direct elevator access, private deck, forty hour per week superintendant, and two garage parking spaces. A perfect floor plan all on one level.
21-23 Marlborough -3
Sale Price: $3,650,000
4 Bed | 3.5 Bed
3636 SQ FT
Dramatic floor-though residence on the first block on Marlborough Street . This elegant 3 bedroom home has been renovated with style and boasts exceptional attention to design and detail . Direct elevator access opens to a circular foyer. Overlooking the beautiful tree lined street is a fireplaced living room, billiards room and oversized family room which opens to a gourmet kitchen. Adjacent to the kitchen is the formal firepaced dining room. Mahogany library with wet-bar. 2 private decks.
128 Beacon St - E
Sale Price: $4,150,000
3 Bed | 3.5 Bath
2936 SQ FT
Stunning corner residence, 12' ceilings, in a doorman building with the highest level of finishes and gorgeous views. Ballroom size living/dining, huge chefs kitchen and family room. Two car garage. A MUST SEE & RARE FIND.
485 Harrison Ave - PH 601
Sale Price: $3,725,000
3 Bed| 3 Bath
4584 SQ FT
Transcendent space-meticulously designed, sun-drenched corner penthouse w/4000+ sq. ft. of living space on one floor w/ stunning 360-degree Financial District & Back Bay views. Private terrace off of the Master Bedroom & Living Room plus 2000+ sq. ft. Deck for entertaining. 3+ bedrooms, private Gym, 2 Studies, state-of-the-art Wine Room, Screening Room & 2-car garage pkg. Architecture by Brad Walker, Ruhl Walker Architects, interiors by Meichi Peng, kitchen by ARCLINEA, home systems by Crestron.
150 Beacon St - 2
Sale Price: $4,158,895.50
2 Bed | 2.5 Bath
3605 SQ FT
Rich in historic significance and elegant in design, 150 Beacon Street, overlooking the Charles River, is quintessential Back Bay at its best. With 13 foot ceilings and beautiful original detail, this second floor residence epitomizes refined city living.
100 Beacon Street - PH A
Sale Price: 6,400,000
3 Bed | 3.5 Bath
3535 SQ FT
Built during the heady, roaring 20s, 100 Beacon Street, with its finely carved limestone ground floor and grand center entrance, is representative of Classical Revival buildings of its era on New York's Park Avenue or Chicago's Gold Coast. Today the exterior is being completely restored to the designs of Clifford Allbright, the building's original architect, to include its never executed balconies and cornices, creating an architectural landmark where Beacon Hill meets the Back Bay.
96 Beacon Street - PH
Sale Price: 9,290,000
4 Bed | 4.5 Bath
5641 SQ. FT.
Built during the gilded era, this classic building is undergoing a complete renovation in which period detail will be restored while systems and amenities are completely replaced by those of the highest standards. One of the largest townhouses on Beacon Hill, it will become five duplex and full floor residences ranging from 1,555 to over 3,100 sq ft. With Esplanade and Charles River views to the north and west, and Public Garden views to the south, 96 Beacon represents the best in city living.
2009 Boston Condo Market Report
Want to know what's really going on in the Boston real estate market with neighborhood by neighborhood trends?
Get the 2009 Boston condo market report sent directly to you as soon as soon as its available.
For more information, click here.