Stephen McCarthy South Boston Real Estate Market Update April 2014 REMAX

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APRIL 2014 MCCARTHY REPORT BUYING, SELLING OR RENTING PROPERTY IN SOUTH BOSTON PLEASE CALL ME WHEN YOU ARE READY TO MAKE THE MOVE! Stephen McCarthy 617-320-7219 [email protected] www.sb02127.com New Listing Asking $599,000 540 East Broadway, Unit 5A Fifth floor two bedroom two bathroom home featuring deeded garage parking, in a very well cared for building with elevator. Outstanding ocean views from the homes front balcony and master suite. Perched high above East Broadway facing South this home receives excellent natural light. Call for a tour. ASKING PRICES ARE UP….. INVENTORY FOR SALE IS DOWN... CALL ME TODAY TO TAKE ADVANTAGE OF THIS SELLER’S MARKET

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Monthly look at what is going on in the South Boston, MA real estate market. Preared by Stephen McCarthy of REMAX Realty Plus

Transcript of Stephen McCarthy South Boston Real Estate Market Update April 2014 REMAX

Page 1: Stephen McCarthy South Boston Real Estate Market Update April 2014 REMAX

APRIL 2014 MCCARTHY REPORT

BUYING, SELLING OR RENTING PROPERTY IN

SOUTH BOSTON PLEASE CALL ME WHEN YOU ARE

READY TO MAKE THE MOVE!

Stephen McCarthy 617-320-7219

[email protected]

www.sb02127.com

New Listing Asking $599,000

540 East Broadway, Unit 5A

Fifth floor two bedroom two bathroom

home featuring deeded garage parking, in

a very well cared for building with

elevator. Outstanding ocean views from

the homes front balcony and master suite.

Perched high above East Broadway facing

South this home receives excellent

natural light. Call for a tour.

ASKING PRICES ARE UP….. INVENTORY FOR SALE IS DOWN...

CALL ME TODAY TO TAKE ADVANTAGE OF THIS SELLER’S MARKET

Page 2: Stephen McCarthy South Boston Real Estate Market Update April 2014 REMAX

LIST PRICE # STREET Unit # BD

RM

S

BA

THS

LIVING

AREA SALE DATE

DAYS

ON

MKT MLS # SALE PRICE

% of

LIST

PRICE

PSF

SALE

PRICE679,000$ 413 E. 7th St 2 3 2 1,602 1/31/14 76 71605529 665,000$ 98% 415$ 685,000$ 150 Dorchester Avenue 409 2 2 1,117 3/20/14 39 71619223 667,500$ 97% 598$ 689,900$ 503 East First 9 2 2 1,324 3/21/14 45 71623828 677,000$ 98% 511$ 699,000$ 428 WEST FOURTH STREET 428 2 2 1,809 1/31/14 70 71596089 699,000$ 100% 386$ 699,000$ 361 W Fourth St 4 2 2 1,287 3/7/14 5 71623804 699,000$ 100% 543$ 699,000$ 435 East Third 2 2 2 1,350 3/31/14 6 71634447 699,000$ 100% 518$ 719,000$ 615 East Sixth St 1 3 3 1,850 3/20/14 82 71552417 715,000$ 99% 386$ 715,000$ 141 West Second St 201 2 2 1,327 3/31/14 2 71625073 720,000$ 101% 543$ 729,000$ 141 Dorchester Avenue 804 2 2 1,194 1/30/14 32 71616001 729,000$ 100% 611$ 729,000$ 435 East Third 3 2 2 1,450 3/31/14 6 71634449 729,000$ 100% 503$ 749,000$ 141 Dorchester Ave 309 2 2 1,304 2/18/14 89 71602867 735,000$ 98% 564$ 749,000$ 350 WEST SECOND STREET 9 2 2 1,467 2/14/14 25 71611564 739,000$ 99% 504$ 789,000$ 615 East Sixth St 5 2 2 1,500 2/28/14 168 71552429 785,000$ 99% 523$ 869,000$ 94 Bolton Street 94 3 3 1,900 3/15/14 251 71541115 869,000$ 100% 457$ 869,000$ 96 Bolton Street 96 3 3 1,900 2/19/14 251 71541117 869,000$ 100% 457$ 869,000$ 92 Bolton Street 92 3 3 1,900 2/19/14 251 71541109 875,000$ 101% 461$ 859,000$ 11 Hamlin St 5 3 2 2,034 3/21/14 18 71624152 875,000$ 102% 430$ 899,000$ 69-73 Telegraph 401 2 2 1,575 1/14/14 5 71581429 887,500$ 99% 563$ 899,000$ 90 Bolton Street 90 3 3 1,900 2/19/14 251 71541104 899,000$ 100% 473$ 899,000$ 98 Bolton Street 98 3 3 1,900 2/18/14 204 71541122 899,000$ 100% 473$ 929,000$ 711 East Fourth 1 3 3 1,826 2/6/14 61 71609438 919,000$ 99% 503$ 949,000$ 713 East Fourth 2 3 3 1,893 3/3/14 67 71612351 937,000$ 99% 495$ 979,000$ 254 Emerson 4 3 3 1,922 3/14/14 54 71623076 955,000$ 98% 497$ 979,000$ 256 Emerson 3 3 3 2,162 2/21/14 36 71615179 959,000$ 98% 444$

1,149,000$ 141 Dorchester Avenue 101 2 2 1,636 1/7/14 55 71599843 1,060,000$ 92% 648$ 819,116$ 1,645 85.96 810,480$ 99% 500$

TOP TWENTY FIVE SOUTH BOSTON CONDO SALES FIRST QUARTER 2014

AVERAGES

Condos 89%

Multi Fam 3%

Single Family 6%

Commercial 1%

Land 1%

SOUTH BOSTON SALES MIX 1ST QUARTER 2014

Below $300K 6%

$300K - $400K 14%

$400K - $500K 25%

$500 - $600K 23%

$600K and Higher

32%

SOUTH BOSTON 1ST Q 2014 SALES BY PRICE BAND

ALL DATA FROM MLS Prepared by Stephen McCarthy REMAX