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Blog :: 2013

Boston Real Estate: 2013 by the Numbers

Boston's 10 Most Expensive House Sales of 2013

Rank

Address

Sale Price

Listing Firm

1

Ames-Webster Mansion

$14,500,000

Campion & Company

2

130 Commonwealth Avenue

$9,500,000

Campion & Company

3

78 Beacon Street

$9,300,000

 

4

18 Marlborough Street

$7,600,000

Campion & Company

5

9 Exeter Street

$6,475,000

 

6

36 Lime Street

$5,700,000

Campion & Company

7

8 West Cedar Street

$5,350,000

Campion & Company

8

293 Marlborough Street

$4,900,000

Campion & Company

9

8 Walnut Street #A

$4,425,000

Campion & Company

10

407 Beacon Street

$4,325,000

 

 

Back Bay is well represented in 2013's most expensive sales

  1. 306 Dartmouth Street, Boston: $14.5 million*
  2. 43 Church St., Falmouth: $11.7 million
  3. 5 Willow Rd., Weston: $10 million
  4. 130 Commonwealth Ave., Boston: $9.5 million*
  5. 78 Beacon St., Boston: $9.3 million
  6. 143 Bayberry Way, Osterville: $8 million
  7. 47 Sunset Point, Barnstable: $7.65 million
  8. 18 Marlborough St., Boston: $7.6 million*
  9. 1014 Boylston St., Brookline: $7 million
  10. 166 Edmunds Rd., Wellesley: $7 million

*Campion and Company Listings

 

Boston Real Estate: Then and Now

40 Commonwealth Avenue, Back Bay

An early Victorian structure built in 1862, 40 Commonwealth Avenue in Boston's Back Bay was once was called home by John Revere, treasurer and later president of Revere Copper, a firm started by Paul Revere himself in 1801. Number 40 was then acquired by The College Club in 1905 and refurbished to contain an Old English style drawing room and, according to documents, seven bedrooms for guests "furnished and decorated in the colors of various women's colleges," including Radcliffe, Wellesley, Smith and Vassar. Subsequently, The College Club comprised the buildings at 38 through 44 Commonwealth Avenue, with Numbers 38 and 40 being used as club rooms until the buildings were sold in 1974. Today, this professionally managed building includes 10 luxury condos offering the finest living the Back Bay has to offer. 

Boston Public Library: Residence of N. B. Gibbs and J. Revere, photo dated ~1870-1879

For more images, see our exclusive Boston real estate listings

The Fifth Annual South End Holiday Stroll

Boston's vibrant South End neighborhood is hosting it's Fifth Annual South End Holiday Stroll today, December 11th from 4-8 pm!  Parking is free at 500 & 560 Harrison Street, and 38 Wareham Street, and a complimentary trolley service will be available.  Many of the South End's boutique shops and favorite restaurants are offering discounts of 15-20% for this holiday event!  

For a map of the South End and a list of participating retailers, visit Shop the South End.

Boston Ranked as a Top "Hot" Market

From the Boston Business Journal, December 9th, 2013

Study: Boston area ranks high among 'hottest' housing markets in U.S.

""Hot" markets were characterized by lower than average unemployment, population growth of at least 2 percent or more during the past two years and expected home-value growth of more than 2 percent over the next 12 months."

2014's Hottest Housing Markets

  • 1. Salt Lake City
  • 2. Seattle
  • 3. Austin, Texas
  • 4. San Jose, Calif.
  • 5. Miami
  • 6. Raleigh, N.C.
  • 7. Jacksonville, Fla.
  • 8. San Diego
  • 9. Portland, Ore.
  • 10. Boston

Read more here.

 


 

 

Call it a hot market, call it a tight market...

 

As 2013 winds down, here is a quick look at the Boston Real Estate market through October of this year:

+ 4.9%

Year-Over-Year Change in Closed Sales All Properties

 

+ 9.2%

Year-Over-Year Change in Median Sales Price All Properties 

 

-23.9%

Year-Over-Year Change in Inventory of Homes All Properties 

Data from MLS Property Information Network, Inc. Provided by the Greater Boston Association of REALTORS® and the Massachusetts Association of REALTORS®. 

Property History: 85 Sparks Street

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Currently for sale, 85 Sparks Street in Cambridge awaits its next chapter. Until then, however, here are some notes on its past.

A simple cartway dating from the mid 17th century, Sparks Street in Cambridge received its name around 1850 when it was straightened and widened by the city prior to the development of the area.  Named for Jared Sparks, the 19the president of Harvard, the street borders the roughly 4 acres of land purchased by Dr. Morrill Wyman, a prominent physician who was the first president of Mount Auburn Hospital. Just north of the famous Tory Row mansion now commonly called the Lechmere-Sewall-Riedesel House, Dr. Wyman built a large house at 77 Sparks Street in 1860 and a second house at 85 Sparks Street in 1877, which was rented and then owned by Charles Walcott, a Boston lawyer.

85 Sparks Street survives at the entrance to Wyman Road, a cul-de-sac built up with six new Georgian Revival Houses in 1926-27. With Gambrel roof and classic colonial appointments to its façade, including windows with louvered shutters and dormers surmounted with simple pediments, this 3+ story home with attached garage is situated on a .46 acre lot landscaped with patios, gardens and a large open lawn.

An impressive balance of original details and modern amenities, formal entertaining, and casual family living, secluded privacy and Harvard Square convenience, this home is truly a rare gem set within Cambridge's most desirable neighborhood.

One thing's for certain- you won't find too many yards like this when searching for Cambridge real estate.

Although information was gathered from sources deemed reliable, no representation or warranty is made as to the accuracy or completeness of any information contained herein.

Boston Real Estate Listings: Home of the Week

74 Beacon Street, also known as the Asher Benjamin Mansion, is one of the most exquisite single family homes for sale in Boston.

"The 8,450-square-foot townhouse at 74 Beacon St. overlooks the Public Garden and features six bedrooms, six baths, three powder rooms, eight fireplaces, an elevator and a rooftop heated pool. There are also two decks, a garden, media room, wood-paneled library, home gym, wine cellar with cigar humidor, deeded parking and a Brimmer Street garage space."

 

Read more about Boston Business Journal's Home of the Week.

10 West Cedar Street Featured in Curbed Boston

"'Tis not the sort of weather during which to pine for choice outdoor space. But the three-and-a-half-story townhouse at 10 West Cedar Street in Beacon Hill certainly has some. Its patio and garden are reachable through French doors and contain one of the neighborhood's few remaining gas lamps. Inside, there are four bedrooms; three and a half bathrooms; a formal dining room; a library off the master suite; a wet bar; a finished sub-basement; and a chef's kitchen. There are also seven fireplaces." 

From Curbed Boston