In 2010, there were 423 homes (single family and condos) in Boston sold for over $1 million equaling a total dollar value of $824,000,000.
That is UP 61.3% from 2009. Surprised? I am. So much for the "great recession", at least for the $1M+ market segment.
But hey, 2009 was a dismal year, so the luxury market being up comparatively in 2010 is no surprise....right?
But....2010 was UP more than 23% compared to both 2007 and 2008 as well.
Let's have a look at the Boston luxury market stats (data from MLS):
|
|
2010 | 2009 | 2008 | 2007 |
| # of Sales |
423 | 280 | 353 | 382 |
| D.O.M. | 162 | 164 | 143 | 141 |
| AVG Price | $1.947M | $1.824M | $1.896M | $1.742 |
| MED Price | $1.550M | $1.490M | $1.450M | $1.400M |
| MAX Price | $10.8M | $9.3M | $9.5M | $8.3M |
| Total Volume | $824M | $511M | $669M | $666M |
So the luxury market is alive and kicking. More like alive with guns blazing. But what's that mean for the rest of the market?
The 15 Most Expensive Sales in Boston in 2010
Here are the 15 most expensive sales in Boston for 2010 (including both single family and condo sales from MLS), just for a little peek at what you can get for, oh, say $4 million plus...
17 Commonwealth Ave Unit PH - Back Bay
3 Beds | 2 Full Baths, 1 Half Bath
Sale Price: $4,900,000
Square Feet: 3031
Exquisite Penthouse on the 1ST BLOCK of COMM AVE! A sophisticated duplex in a small 3-unit building on the sunny side of Comm Ave w/direct elevator access.
36 Commonwealth Ave Unit 2 - Back Bay
4 Beds | 3 Full Baths, 1 Half Baths
Sale Price: $4,950,000
Square Feet: 3771
Exceptional PH triplex located on the first block of Commonwealth Ave with 3 exposures and views from every room.
343 Commercial Street TH 18 & 19 - Waterfront
4 Beds | 2 Full Baths, 2 Half Baths
Sale Price: $5,000,000
Square Feet: 4600
4,600 sq.ft. townhouse at Harbor’s Edge! This magnificent home is located at prestigious Union Wharf.
500 Atlantic Ave Unit 20K - Waterfront
4 Beds | 4 Full Baths, 1 Full Bath
Sale Price: $5,125,000
Square Feet: 4768
Walking into the 1100 sq ft living/dining room of this magnificent 4 bed plus study penthouse is breathtaking!
413 Commonwealth Ave Unit PH - Back Bay
4 Beds | 3 Full Baths, 1 Half Bath
Sale Price: $5,400,000
Square Feet: 3758
Ultimate PH living! New construction & recently upgraded with sophistication and elegance by Holland Construction.
776 Boylston Street Unit 10B - Back Bay
3 Beds | 3 Full Baths, 1 Half Bath
Sale Price: $5,500,000
Square Feet: 3564
Sought after Mandarin, corner front unit in the west building.
250 Boylston Street Unit 4 - Back Bay
3 Beds | 4 Full Baths, 2 Half Baths
Sale Price: $5,950,000
Square Feet: 4837
On the Historic Public Garden, this stunning Parisian home with serene views of the Swan Boats and ancient trees, this home includes 5,000 square feet of elegant space with a formal fire placed Living Room complete with hand painted murals.
100 Beacon Street Unit 8 - Back Bay
4 Beds | 4 Full Baths, 1 Half Bath
Sale Price: $6,250,000
Square Feet: 4140
Built during the roaring 20s, 100 Beacon, with its finely carved, reflects Classical Revival buildings of that heady era.
70 Beacon Street - Beacon Hill
5 Beds | 5 Full Baths, 1 Half Bath
Sale Price: $6,500,000
One of the most beautiful residences on the Hill. Exquisite Greek revivial limestone town house overlooking the Public Garden.
9 Arlington Street Unit 3 - Back Bay
4 Beds | 4 Full Baths, 1 Half Baths
Sale Price: $6,500,000
Square Feet: 4083
Premiere Back Bay living complete in premiere location.
3 Battery Wharf Unit 3611 - Waterfront
4 Beds | 4 Full Baths, 1 Half
Sale Price: $6,500,000
Square Feet: 4553
Vacation in your living room ! Custom designed 4 bedroom 4.5 bath one of a kind home at Beautiful Battery Wharf.
150 Beacon Street Unit PH - Back Bay
4 Beds | 3 Full Baths, 1 Half Baths
Sale Price: $8,500,000
Square Feet: 6365
Grand Beaux-Arts double width Townhome on Riverside Beacon.This spectacular PH duplex offers panoramic Boston skyline and obstructed Charles River views.
776 Boylston Street Unit PH - Back Bay
4 Beds | 4 Full Baths, 1 Half Bath
Sale Price: $9,050,000
Square Feet: 5141
Mandarin Penthouse is the epitome of penthouse living in the city of Boston. Unmatched location, views, space (interior/ exterior) and interior finishes.
58 Commonwealth Avenue - Back Bay
5 Beds | 5 Full Baths, 2 Half Baths
Sale Price: $9,350,000
Square Feet: 9786
Magnificent 5 bedroom Townhome on the 2nd Block of Commonwealth Avenue. Completely renovated with elevator, high ceilings, hardwood floors and beautiful casework and detail.
51 Commonwealth Avenue Unit PH - Back Bay
7 Beds | 8 Full Baths, 4 Half Baths
Sale Price: $10,800,000
Square Feet: 8773
Renovated Penthouse in Doorman Bldg. Completed in 2006 this well appointed front facing triplex 7 bedroom suite home.
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