RESIS Principal and Director of Research, Dr. Tina M. Bacci, analyzes the state of Boston's luxury apartment market for boston.com. Read the full article on boston.com or download here.
Approximately 34% of the units listed for sale in MLS during 2013 sold above asking price. Units sold anywhere from 1% to more than 20% above list price. Different neighborhoods experienced different degrees of bidding war activity. For example...
The number of Boston condo sales under $500,000 has been declining steadily over the last decade, and it looks like 2014 will be the year we finally see the under $500,000 price segment lose footing as the largest market segment.
In 2004 the...
In our 2013 Year End Boston Condominium Report we expected 2014 to be a year of fewer sales transactions across Boston, and 1Q 2014 has validated that prediction. With limited inventory and scarce new condo developments to feed the pent up dema...
By the overall numbers it looks like 2Q prices are falling behind 1Q by close to 10%. However, 1Q prices were skewed higher due to 80+ closing at Millennium Place which averaged $1.3M. If the Millennium Place closings are taken out of the mix, ...
Transactions this year are going to be lower than previous years, as our 2013 Year End Report predicted, due to tight inventory and longer lead times for under agreement inventory to close (i.e. new developments expected to be completed 2015 an...
Condo inventory in Boston continues to tighten and the overall number of available condos for sale in Boston has decreased 18% compared with the number available this time last year. However, the decrease in available condos is not spread evenl...
RESIS, the exclusive marketing and sales firm for 45 PROVINCE, is proud to announce the sales program is 100% completed. After capturing 10% of Boston's top 50 sales last year and achieving record price per square foot sales for Midtown this y...
Curbed Boston reports 45 PROVINCE was Boston's highest-selling condo building for 2014. With a median sale price of $1,425,000 for 2014 and capturing 3 of the top 30 highest price per square foot sales in all of Boston last year, 45 PROVINCE ...
Boston Magazine writes, "Boston real estate may be a solid-gold bet, but buying and selling requires know-how. Here’s who’s in the game, where things are hot, and how to navigate the market to find your next home." Read more as RESIS Prin...
