December data are down

December home sales data reflect a slow market with soft prices, according to Timothy M. Warren Jr., CEO of the Warren Group, which publishes Banker & Tradesman. Its report was released Jan. 24. Home sales of single-family homes across the state dropped 5 percent in December in a year-over-year comparison, while condo sales dropped 15.75 [...]

City collects $9.4 million from non-profits

The city has collected $9.4 million from non-profit, tax-exempt organizations for the first half of fiscal year 2012, a 24 percent increase from fiscal year 2011, Mayor Thomas M. Menino stated in a press release Friday. The city had requested $10.8 million. Guidelines for the PILOT or payment in lieu of taxes program were revised [...]

Eco-friendly condos in Boston to be ready in March

Eco-friendly condos in Boston to be ready in March

Bartlett Square EXTERIORA rare event is happening in Jamaica Plain: Construction of new condominiums that are centrally located and will be move-in ready this spring. 

In this Boston neighborhood known for its beautiful, but older two- and three-family Victorians, the 13-unit building at 156 Green St. should be a welcome change to buyers who want to avoid maintenance and simply enjoy the luxury of being steps away from the Green Street MBTA station and J.P.’s vibrant Centre Street.

The mixed-use building, called Bartlett Square, features residences on the top three floors and retail space on the ground level. 

Janet Deegan of Coldwell Banker Residential Brokerage is listing nine of the residences for sale in this mixed-use building.

South End development sells out

South End development sells out

265 Northampton St. EXTERIORIn just eight months, the Modern 2.0, the new 37-unit condo development in the South End, has been sold out, said Ricardo Rodriguez who, along with his colleague Sophie Westra of Coldwell Banker Residential Brokerage, marketed 30 of the one- and two-bedroom residences.

The seven other units are affordable and were sold through a lottery overseen by the Boston Redevelopment Authority.

Prices rise in some areas in December

Prices rise in some areas in December

35 Channel Center EXTERIORMedian selling prices of condominiums in December inceased in five of he neighborhoods covered by Boston Homes in a year-over-year comparison.

The median sale in the Downtown/Seaport neighborhood was a $487,000 loft at 35 Channel Center.

However, sales volume dropped in the 11 areas that Boston Homes serves – Back Bay/Midtown; Beacon Hill/West End; Charlestown/Navy Yard; Dorchester; Downtown/Leather District/Fort Point/Seaport; East Boston; the Fenway; Jamaica Plain; South Boston; the South End/Bay Village, and the Waterfront/North End/Financial District.

In December 2011, 292 condos were sold compared to 333 a year earlier. In November, 232 condos were sold.

Beacon Hill, Dorchester, East Boston, South Boston and the Waterfront areas saw the median price increases. In a month-to-month comparison, median sale prices rose in five neighborhoods as well, but they were in different areas – Downtown and the Fenway as well as in East Boston, South Boston and the Waterfront.


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