Since my post on the top 5 highest and lowest priced Boston condos sold in April that I wrote last month was so popular, I think I'll make it a recurring post (at least until I get bored with it, which if you know me, happens pretty frequently - variety is the spice of life as they say! - but I'll try).
The range from top to bottom is nearly as remarkable in May as it was in April, and I also included summary statistics of the monthly Boston condo sales (compared to April) for your reference:
Number Sold: 303 (216)
Average list price: $484,113 ($453,668)
Average sale price: $461,457 ($435,240)
Average discount ratio: 4.7% (4.1%)
Average days on market: 106 (126)
Average price per square foot: $458 ($408)
Top 5 Least Expensive Boston condos sold in May 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 (and entertainment apparently!).
8 Beethoven St #2R
2 Bed - 1 Bath in Roxbury
Sale Price: $23,000
Small condo in need of updating, reflective in price.
10 Esmond St - Unit 3
2 Bed - 1 Bath in Dorchester
Sale Price- $30,000
Small condo in need of some TLC, which is reflective in price.
800 Washington Street - Unit 1
3 Bed - 1 Bath in Dorchester
Sale Price- $35,000
Well priced condominium unit in 3 family. Perfect for investor or owner occupant.
116 Whitfield Street - Unit 1
3 Bed - 1 Bath in Dorchester
Sale Price- $40,000
!!!Needs Owner!!! Needs Owner!!!!Great Condo Close to Parks,Schools And MBTA Systems, Hospitals and Expressway
10 Esmond Street - Unit 4
2 Bed - 1 Bath in Dorchester
Sale Price- $40,000
Lower level unit, 2 bedrooms, separate entrance being sold in as is condition.
Top 5 Most Expensive Boston Condos sold in May 2009
157-159 Newbury Street - Unit 3
3 Bed - 4.5 Bath, Back Bay condo Sale Price-$1,950,000
The DuBarry. Built in 1888as luxury apartments, this distinctive three bedroom, four and one half bathroom home offers superbly designed one floor living with over 2100 square feet of elegant appointments.
505 Tremont Street - Unit 609
2 Bed - 2.5 Bath, South End condo Sale Price- $2,050,000
Spectacular two plus bedroom residence in the South End's premier concierge building "The Atelier 505" offering all of the amenities and conveniences for the most discriminating Buyer.
259 Marlborough Street- Unit PH
4 Bed - 3.5 Bed, Back Bay condo Sale Price- $2,750,000
Magnificent four bedroom penthouse on sunny-side Marlborough Street.
255 Marlborough Street - Unit 2
3 Bed - 2.5 Bath, Back Bay Condo
Sale Price- $3,100,000
New construction –sunny side of Marlboro Street! This beautiful brownstone is being converted to 3 duplex units.
100 Beacon Street - Unit PHA
3 Bed - 3.5 Bath, Back Bay Condo
Sale Price- $6,400,000
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.
While not quite the range there was in April, we're still looking at a low of $23,000 for a condo in Roxbury, all the way to $3,100,000 for a Back Bay condo on Marlborough Street.
To put that in perspective, parking spaces in the Back Bay routinely sell for around $125,000 (5x the price of the Beethoven Street condo in Roxbury) and this parking space in the Back Bay just sold for $300,000. Yes, that's $300,000 American dollars for a parking space! And not even in a garage! Wow.
What are your thoughts? Comment below!
If you like what you're reading don't forget to subscribe by email or by RSS feed.
