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Blog :: 2016

New Construction Luxury Developments in Boston

Campion and Company is Boston's Leading Luxury Sales Office, and the Exclusive Listing Agent for numerous developers throughout the City. 

Contact us to learn more about our new development offerings.


Five-Star Luxury at Boston's Tallest Residential Tower: Four Seasons Private Residences One Dalton Street, Boston


Stunning Views of the Rose Kennedy Greenway in Downtown Boston: Boulevard on the Greenway


Classic Elegance in Beacon Hill: 25 Beacon


Boutique Building on Commonwealth Avenue in Back Bay: The Residences at the Harvard Club


Modern Design and Amenities in Fort Point: 10 Farnsworth 


Boutique Building on Marlborough Street in Back Bay: Four51Marlborough

One Dalton: Renderings

Four Seasons Private Residences One Dalton Street, Boston

Visit the Official One Dalton Website to request more information or to sign up for news and updates.

Campion and Company is the exclusive sales and marketing agent for Four Seasons Private Residences One Dalton Street, Boston. Contact us if you have questions or would like to schedule a private showing.

One Dalton Boston

One Dalton Boston

One Dalton Boston

One Dalton Boston

One Dalton Boston

Campion & Company Market Report: 3Q 2016

JUST RELEASED!

Q3 2016 Condominium Sales Reports for Metro Boston (Back Bay, Beacon Hill, Fenway, Midtown, North End, Seaport, South End, Waterfront and West End) 

Campion and Company, The Premier Luxury Boston Real Estate Brokerage consistently delivers the most comprehensive and objective market research and insights available.

Key highlights:

  • As anticipated, Millennium Tower closings have had a significant effect on Metro Boston's 3rd Quarter and year-to-date sales. Nearly 90% of the Millennium Tower residences have hit public record, averaging over $1,400 per square foot.
    • Including Millennium Tower: Both average and median sales prices in Boston's urban core rose nearly 50% above their year-ago levels.
    • Excluding Millennium Tower: Average and median sales prices were up 14% and 12%, respectively.
  • Millennium Tower is just one example of a new building completion that has helped push the number of Metro Boston sales up over 50% over the previous year. Excluding just the Tower, however, sales volume in Boston's core urban market is down 6%, due to factors such as ongoing inventory constraints and general uncertainty of an election year.
  • Even with election year slow-downs, a robust seller's market continues, particularly for properties priced below $3M.
  • On average, properties sold between $1M & $2M trade for 99.4% of list price.
  • Luxury properties sold above $3M trade for 93% of list price.

Download the 3Q - Boston Market Report Here

 

Spectacular Sales: Back Bay Townhouse

An Elegant Home from Top to Bottom

Boston Homes feature by Marilyn Jackson

When the developers purchased the Back Bay townhouse at 197 Marlborough St. in April 2015, they planned to convert the lodging house to two luxurious condominiums.

However, those plans changed about seven months ago when a buyer decided it would be an ideal single-family home that would reflect understated elegance. The $12,000,000 purchase was completed Sept. 9.

Bill Gehan of Campion and Company Real Estate was the listing broker for this property, and Tracy Campion, who heads the firm, was the selling broker.


Read more: Custom-designed Boston townhouse is top single-family sale

Download a PDF 

 

 

Tracy Campion Ranked Among Top 10 Real Estate Sales Professionals in the Country

Tracy Campion of Campion and Company Named One of America's Top Real Estate Professionals By Real Trends in Conjunction with THE WALL STREET JOURNAL

Campion Had an Impressive $306,131,650 in Boston sales to earn her the #10 ranking in the nation.

For the fourth year in a row, Tracy Campion of Campion and Company was named one of America's top real estate professionals by REAL Trends in conjunction with The Wall Street Journal. She is a member of the "The Thousand Top Real Estate Professionals," a prestigious national awards ranking sponsored annually by the two respected publications. Campion is now ranked in the top one-half of 1 percent of the more than 1.1 million licensed REALTORS® nationwide.

The Thousand real estate professionals was announced with four separate categories honoring the top 250 residential agents and agent teams for excellence in:

  • Individual Agent--Sales Volume
  • Individual Agent--Transaction Sides (in each real estate transaction, there are two sides that can be represented by a real estate agent: a buyer's and a seller's.)
  • Agent Team--Sales volume
  • Agent Team--Transaction Sides

Click here to view Tracy Campion's ranking!

Campion and Company Market Report: 2Q 2016

JUST RELEASED!

Q2 2016 Condominium Sales Reports for Metro Boston (Back Bay, Beacon Hill, Fenway, Midtown, North End, Seaport, South End, Waterfront and West End) 

Campion and Company, The Premier Luxury Boston Real Estate Brokerage consistently delivers the most comprehensive and objective market research and insights available.

Key highlights:

  • Median sales price this quarter rose 6.5% above its year ago level to reach its second highest in history.
  • Average price per square foot increased 5.7% over last year, and 3.1% over this year’s first quarter.
  • The numbers of sales is up slightly as inventory levels surpass those of 2015.
  • South End has the highest transaction volume, followed by Back Bay & Midtown.
  • Properties sold between $1M & $2M are trading for 99.6% of list price.
  • Properties sold above $3M are trading for 93% of list price.
  • The overwhelming draw in the market now is toward newer buildings offering one-floor living, elevator access & garage parking. 

Download the 2Q - Boston Market Report Here.

Boston Real Estate Market Update, Spring 2016



Boston Spring Market Update

The spring real estate market in Boston is in full bloom! Here at Campion and Company we have over fifty properties under agreement and are well on our way to another record-breaking year. We are seeing increased buyer requests for showings, and many sellers are busy preparing to put their properties on the market. Campion and Company has also been selected by developer Carpenter & Company to market the new Four Seasons Private Residences One Dalton Street, Boston.
 
Market reports released this week based on condo sales in January through March show the number of citywide sales up 8% over the same period last year. Average prices throughout Boston also showed a substantial increase of over 12%. The completion of select new luxury condominiums, such as Twenty Two Liberty in the Seaport where 13 sales in the first quarter averaged over $3.6million and $1,700 per square foot, have influenced these numbers, but there is still no denying that Boston's wider market has been one of steady appreciation with limited available inventory since 2011. 
 

2016 First Quarter - Condo Sales Summary by Neighborhood

 
Neighborhood Sales Avg. Sale $ Avg. $/SF DOM
Back Bay 93 $1,299,124 $1,043 61
Beacon Hill 25 $1,049,636 $945 41
South End 106 $1,010,811 $863 47
Midtown 30 $1,285,780 $934 96
North End 10 $589,900 $702 58
West End 8 $519,082 $601 38
Waterfront 32 $1,143,723 $892 58
Seaport 25 $2,335,136 $1,264 30
South Boston 136 $643,611 $565 59
Fenway 19 $437,837 $763 24
Charlestown 52 $709,144 $629 48
 Source: Listing Information Network (LINK)
 
What does this fast-paced and competitive market mean for buyers and sellers?
 
For sellers, continued limited inventory and tales of bidding wars and over-asks point to an opportune time to list property. Even if you only purchased 2 – 3 years ago, it is likely that you have gained significant equity in your property. Contact us today, so we may meet with you to give you our opinion of value and marketing plan for your home or investment property.  

For many buyers in this market, concerns about pricing and having to compete with other purchasers are reasons to delay a property search. Buyers need not be disillusioned with the purchasing process, however, as there are still many opportunities to take advantage of right now. For one, getting to see properties as soon as they come to market, is something we strive to attain for our buyers, often putting property under agreement within the first week. Additionally, Boston is currently seeing an impressive array of new and upcoming luxury development properties to choose from. From Back Bay to Midtown, Waterfront, the Seaport and all areas in between, buyers now have a wide selection of properties with luxury amenities, high-end finishes and every convenience of city living. There is still an opportunity to be an early purchaser in many of these buildings, including a number of  Campion and Company Exclusive New Developments

-Featured Properties-
Exclusive Listings and Projects:

Exclusive New Development: 
Exclusive Listing:

View All Of Our Exclusive Listings


 

Preparing To List Your Home

Ready to sell your home? Preparing for sale will help boost the value of your home, as well as capture the attention of potential buyers. As a seller, it is important to see your home through the eyes of the buyer.

Declutter & CleanSelling Your Home in Boston

Make sure your home is tidy and organized! You want to present your home at its best during showings. This is also a good opportunity to go through items you may no longer want or need. Clearing out clutter can be an intimidating task, so be sure to give yourself plenty of time to get things in order and packed up.

Paint Touch-Up

A dramatic paint color or wallpaper could throw off potential buyers. You want to focus to be on the room itself and bold colors can throw people off. Taking the time to repaint your walls a neutral color, such as beige or light gray. If you had frames on the walls, fill in the nail holes to increase appeal.

Upgrade Curb Appeal

First impressions matter! From the outside to the inside, buyers are looking to be drawn in. This could include painting your home, or even replacing an old roof. If your home has a yard, maintain the lawn and garden. If not, small improvements to the front steps and door can make the curb appeal of your home more inviting. This includes painting the door, having a welcome mat, plants next to the door, etc.

Renovations

Renovations, big or small, will add value to your home. The kitchen and bathrooms are a huge focus for buyers. Replacing outdated appliances, adding new tiling, installing modern fixtures will attract buyers and give your home a new, sleek look. New windows are also appealing since they can help save on heating/cooling costs.

Preparing for Showings

Consider Staging

Keeping the decor neutral will give you an advantage when showing your home. This allows the buyers to imagine their personal belongings in each space and what it would be like to live there. Staging is a great way to bring simplistic design and an updated look.

Natural Beauty

Bring in some natural elements to your home will be inviting and give the impression that rooms are bigger. Opening windows, curtains, and blinds will bring in sunlight and potted plants and flowers will add a beautiful touch. Just be sure the flowers aren't too pungent and the plants are healthy.

 

For all of your selling needs in Boston, contact Campion & Company. Our team has the marketing expertise and real estate knowledge to assist you through the process and successfully sell your home.

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    Understanding the Boston Home Buying Process

    If you're a first-time home buyer in the Boston real estate market or could use a refresher, this step-by-step guide will help simplify the process for you.  

    1. Prepare Ahead

    As you prepare to search for a Boston home, there are a few steps to keep in mind just before you find your dream home. 

    • Watch your finances. It pays to go into the process with a good credit history.
    • Research mortgage options and get pre-approval.
    • Hire an attorney. Buying a home involves a large volume of paperwork, including contracts and agreements. Having a real estate lawyer by your side is strongly recommended. 
    • Save for a down payment. Needless to say, it's expensive to buy a home - start saving now! In addition to your down payment, be prepared for costs such as:
      • Closing costs
      • Utilities, insurance and other monthly bills
      • Property taxes 

    2. Find a Boston Real Estate Broker

    A knowledgeable agent can make the home buying process easier and save you money. Boston's top residential broker, Tracy Campion, and the team at Campion & Company are here to listen to your concerns and be sure that your needs are met. To learn more about how we can help you, contact our team.

    3. Find Your Dream Home

    What is most important to you? Make a list of your must-haves and deal breakers before you begin searching for your Boston home or condo. Your checklist might include:

    • Neighborhood or location
    • Walkability & public transportation
    • Off-street parking
    • Top Boston school system
    • Close to medical centers, top local employers
    • Building amenities

    Don't forget mortgage payment on this list. Your dream home won't be your dream home unless you can afford it. Include utilities, taxes, homeowner's assessments in your calculations.

    4. Financing Your Boston Home

    Once you've found the perfect property, take the steps to understand the financing terms. Your mortgage broker, lender or attorney can run a title search and will be important resources to help make sure you're clear on all terms. Ask questions if you're unsure about anything!

    5. Make an Offer!

    • Home inspection - Before making an offer, be sure to get the home inspected by a licensed home inspector
    • Make sure the title is clear or consider adding contingencies to your offer if it's not
    • Plan to get title insurance
    • Before you put pen to paper - be sure to read ALL contracts. If you hire an attorney, have them review the contracts, too
    • Once you place a bid, be prepared to make a counter offer - it can be competitive
    • Keep an eye on your credit score and hold off on additional big expenses until long after your closing
    • If your offer is not accepted - then the search continues!

    6. Closing on Your New Home

    • Keep all sign contracts and papers, from offer to closing, on file
    • Get insured 
      • Homeowners
      • Flood
      • Fire
      • Disaster
    • Weatherproof your home - Get your home ready to face all four seasons
    • Set up all utilities
    • Get ready for the move - Whether you are hiring professionals or relying on friends, get a moving plan together as soon as you know your move-in date
    • Make your home your own - from fresh paint to new light fixtures, have fun making your new place yours
    • Introduce yourself to the neighborhood - Get to know your new neighbors and see what the neighborhood has to offer
    • Pass on the recommendation - If you are happy with the experience you had with your Realtor, recommended them to your friends looking to purchase Boston real estate!

     

    If you still have questions about the home buying process or any real estate considerations specific to Boston, please contact Campion & Company. We look forward to helping you buy your next home!