Title /blog/category/market-reports-1/?format=rss A blog feed. en-US Tue, 09 Jan 2018 15:01:05 -0500 Over-Ask in 2017: Back Bay https://www.campionre.com/blog/posts/2018/01/09/over-ask-in-2017-back-bay/ <p>Back Bay remains one of Boston&#39;s most desirable residential neighborhoods, as evidenced by the number of transactions that take place at or above a property&#39;s asking price.</p> <p>On average in Back Bay during 2017....</p> <ul> <li>All studios traded <em>2.3% above asking price</em></li> <li>All 1-bed condos traded&nbsp;<em>0.5%&nbsp;above asking price</em></li> <li>All 2-bed condos traded <em>0.5%&nbsp;below asking price</em></li> <li>All 3-bed condos traded <em>2.5%&nbsp;below asking price</em></li> <li>All 4-plus-bed condos traded <em>6.1%&nbsp;below asking price</em></li> </ul> <p>&nbsp; &nbsp;By price point...</p> <ul> <li>Condos that closed between&nbsp;$500,000 and&nbsp;$1,000,000 traded <em>0.9% above asking price</em></li> <li>Condos that closed between&nbsp;$1,000,000 and&nbsp;$2,000,000 traded <em>1% below asking price</em></li> <li>Condos that closed between&nbsp;$2,000,000 and&nbsp;$3,000,000 traded <em>2.6% below asking price</em></li> <li>Condos that closed between&nbsp;$3,000,000 and&nbsp;$4,000,000 traded <em>2.6% below asking price</em></li> <li>Condos that closed between&nbsp;$4,000,000 and&nbsp;$5,000,000 traded <em>4.8% below asking price</em></li> <li>Condos that closed above&nbsp;$5,000,000&nbsp;traded <em>5.6% below asking price</em></li> </ul> <p>All condo types in Back Bay sold for 99.5% of asking price in an average of 48 days. In 2016, for comparison, condos&nbsp;sold for 98.5% of asking price in an average of 59 days.</p> <p>Multiple offer&nbsp;scenarios and bidding wars are likely to remain a common&nbsp;occurrence for those looking to&nbsp;purchase in Back Bay, particularly for properties in&nbsp;or below the $1M -&nbsp;$2M range.&nbsp;</p> <p>Source: MLS</p> <p>&nbsp;</p> <p><img alt="416 Marlborough Street, Unit 3. Sold over asking price by Campion and Company." src="https://s3.amazonaws.com/files.usmre.com/6119/blog/overask%20by%20campion2.jpg" style="width: 500px; height: 334px;" class="featured"></p> <p><em>416 Marlborough Street, Unit 3. Sold over asking price by Campion and Company.</em></p> Boston Real Estate News Boston Neighborhoods Market Reports Tue, 09 Jan 2018 15:01:05 -0500 Top Townhouse and Single-Family Sales of 2017 https://www.campionre.com/blog/posts/2018/01/03/top-townhouse-and-single-family-sales-of-2017/ <h3>Boston&rsquo;s 10 most expensive townhouse and single-family&nbsp;sales of 2017</h3> <p>Back Bay, Beacon Hill and South End contain the city&#39;s top townhouse and single-family sales. Properties marked with an asterisk (*) represent sales for which Campion and Company represented the Seller and/or Buyer.&nbsp;</p> <table cellpadding="0" cellspacing="0"> <tbody> <tr> <td valign="top"> <p><font color="#000000" face="Calibri"><b>Selling Price &nbsp; &nbsp; &nbsp;&nbsp;</b></font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri"><b>Address &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;</b></font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri"><b>Area &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;</b></font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri"><b>Beds &nbsp; &nbsp;&nbsp;</b></font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri"><b>Baths &nbsp; &nbsp;&nbsp;</b></font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri"><b>SF &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;</b></font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri"><b>Closed &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;</b></font></p> </td> </tr> <tr> <td valign="top"> <p><font color="#000000" face="Calibri">$13,000,000</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri"><a href="https://www.campionre.com/listing/72184676/197-marlborough-st-boston-ma/" target="_blank">197 Marlborough St</a>*&nbsp;</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">Back Bay</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">5</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">5+</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">7,575</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">11/30/2017</font></p> </td> </tr> <tr> <td valign="top"> <p><font color="#000000" face="Calibri">$8,000,000</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri"><a href="https://www.campionre.com/listing/71968969/6-mount-vernon-place-boston-ma/" target="_blank">6 Mt Vernon Pl</a>*&nbsp;</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">Beacon Hill</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">6+</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">6+</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">7,500</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">09/26/2017</font></p> </td> </tr> <tr> <td valign="top"> <p><font color="#000000" face="Calibri">$7,025,000</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri"><a href="https://www.campionre.com/listing/71968969/6-mount-vernon-place-boston-ma/" target="_blank">22 W Cedar St</a>&nbsp;</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">Beacon Hill</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">5+</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">4.5</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">5,365</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">06/20/2017</font></p> </td> </tr> <tr> <td valign="top"> <p><font color="#000000" face="Calibri">$6,850,000</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri"><a href="https://www.campionre.com/listing/72109703/9-walnut-boston-ma/" target="_blank">9 Walnut St</a>&nbsp;</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">Beacon Hill</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">5+</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">4+</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">6,032</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">07/31/2017</font></p> </td> </tr> <tr> <td valign="top"> <p><font color="#000000" face="Calibri">$6,600,000</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri"><a href="https://www.campionre.com/listing/72109720/225-beacon-boston-ma/" target="_blank">225 Beacon St</a>*</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">Back Bay</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">5+</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">5+</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">6,383</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">03/21/2017</font></p> </td> </tr> <tr> <td valign="top"> <p><font color="#000000" face="Calibri">$6,000,000</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">144 W Canton St</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">South End</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">3</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">2.5</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">3,078</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">10/16/2017</font></p> </td> </tr> <tr> <td valign="top"> <p><font color="#000000" face="Calibri">$5,890,000</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">43 Chestnut St*</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">Beacon Hill</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">4</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">4</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">4,290</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">04/28/2017</font></p> </td> </tr> <tr> <td valign="top"> <p><font color="#000000" face="Calibri">$5,750,000</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri"><a href="https://www.campionre.com/listing/72147241/78-mount-vernon-street-boston-ma/" target="_blank">78 Mt Vernon St</a>&nbsp;</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">Beacon Hill</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">4+</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">3.5</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">3,750</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">07/24/2017</font></p> </td> </tr> <tr> <td valign="top"> <p><font color="#000000" face="Calibri">$5,325,000</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri"><a href="https://www.campionre.com/listing/72165174/29-hereford-boston-ma/" target="_blank">29 Hereford St</a>*</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">Back Bay</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">4</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">4.5</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">3,737</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">07/17/2017</font></p> </td> </tr> <tr> <td valign="top"> <p><font color="#000000" face="Calibri">$5,200,000</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">321 Beacon St</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">Back Bay</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">4</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">3.5</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">4,439</font></p> </td> <td valign="top"> <p><font color="#000000" face="Calibri">02/10/2017</font></p> </td> </tr> </tbody> </table> <p>Source: LINK</p> Boston Real Estate News Market Reports Wed, 03 Jan 2018 10:01:35 -0500 Top Condominium Sales of 2017 https://www.campionre.com/blog/posts/2018/01/03/top-condominium-sales-of-2017/ <h3>Boston&rsquo;s 10 most expensive condominium sales of 2017</h3> <p>The city&#39;s top condominium sales are concentrated within&nbsp;Back Bay, Beacon Hill and Midtown and represent a mix of boutique and full-service homes. All properties except the sale at 25-27 Commonwealth Avenue are either brand new construction, or were recently built within the last few years.&nbsp;&nbsp;</p> <table cellpadding="0" cellspacing="0"> <tbody> <tr> <td valign="middle"> <p><font color="#000000" face="Calibri"><b>Selling Price &nbsp; &nbsp; &nbsp;&nbsp;</b></font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri"><b>Address &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;</b></font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri"><b>Area &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;</b></font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri"><b>Beds &nbsp; &nbsp;&nbsp;</b></font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri"><b>Baths &nbsp; &nbsp;</b></font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri"><b>SF &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;</b></font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri"><b>Closed &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;</b></font></p> </td> </tr> <tr> <td valign="middle"> <p><font color="#000000" face="Calibri">$17,200,000</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri"><a href="https://www.campionre.com/listing/72114201/25-commonwealth-ave-unit-.-boston-ma-02116/" target="_blank">25-27 Commonwealth Ave # 25</a>*&nbsp;</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">Back Bay</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">5</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">4+</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">7,554</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">6/22/17</font></p> </td> </tr> <tr> <td valign="middle"> <p><font color="#000000" face="Calibri">$13,540,000</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">6 Newbury St # 301</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">Back Bay</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">4</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">6</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">6,095</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">11/15/17</font></p> </td> </tr> <tr> <td valign="middle"> <p><font color="#000000" face="Calibri">$11,833,303</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri"><a href="https://www.campionre.com/listing/71976899/25-beacon-unit-ph-boston-ma-02108/" target="_blank">25 Beacon # B/PH</a>*</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">Beacon Hill</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">3</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">3.5</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">4,044</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">9/27/17</font></p> </td> </tr> <tr> <td valign="middle"> <p><font color="#000000" face="Calibri">$10,650,000</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri"><a href="https://www.campionre.com/listing/72234742/1-franklin-street-unit-ph-3b-boston-ma-02110/" target="_blank">Millennium Tower # PH3B</a>&nbsp;</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">Midtown</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">3</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">4.5</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">4,110</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">11/30/17</font></p> </td> </tr> <tr> <td valign="middle"> <p><font color="#000000" face="Calibri">$9,250,000</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri"><a href="https://www.campionre.com/listing/72059804/1-franklin-street-unit-ph-4e-boston-ma-02110/" target="_blank">Millennium Tower # PH4E</a>&nbsp;</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">Midtown</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">3</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">4.5</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">3,435</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">6/22/17</font></p> </td> </tr> <tr> <td valign="middle"> <p><font color="#000000" face="Calibri">$9,035,000</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri"><a href="https://www.campionre.com/listing/71927790/32-derne-st-unit-fifth-floor-boston-ma-02114/" target="_blank">Whitwell, The # 5A</a>&nbsp;</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">Beacon Hill</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">3</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">3.5</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">6,129</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">2/24/17</font></p> </td> </tr> <tr> <td valign="middle"> <p><font color="#000000" face="Calibri">$9,000,000</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri"><a href="https://www.campionre.com/listing/72195098/1-franklin-street-unit-ph-3e-boston-ma-02110/" target="_blank">Millennium Tower # PH3E</a>&nbsp;</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">Midtown</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">3</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">4.5</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">3,435</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">9/15/17</font></p> </td> </tr> <tr> <td valign="middle"> <p><font color="#000000" face="Calibri">$9,000,000</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri"><a href="https://www.campionre.com/listing/72147295/448-beacon-unit-8-boston-ma-02115/" target="_blank">448 Beacon St # 8</a>&nbsp;</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">Back Bay</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">4</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">5</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">4,069</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">4/25/17</font></p> </td> </tr> <tr> <td valign="middle"> <p><font color="#000000" face="Calibri">$8,950,000</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">Millennium Tower # PH3A</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">Midtown</font></p> </td> <td valign="middle"> <p>&nbsp;</p> </td> <td valign="middle"> <p>&nbsp;</p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">4,172</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">1/12/17</font></p> </td> </tr> <tr> <td valign="middle"> <p><font color="#000000" face="Calibri">$8,850,000</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri"><a href="https://www.campionre.com/listing/72184680/25-beacon-unit-3-boston-ma-02108/"> 25 Beacon # 3</a>*</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">Beacon Hill</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">3</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">3.5</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">3,583</font></p> </td> <td valign="middle"> <p><font color="#000000" face="Calibri">9/26/17</font></p> </td> </tr> </tbody> </table> <p>*Indicates&nbsp;sales for which Campion and Company represented the Seller and/or Buyer.&nbsp;</p> <p>Source: LINK</p> Boston Real Estate News Market Reports Wed, 03 Jan 2018 10:01:01 -0500 Average Price Per Square Foot by Neighborhood in Boston https://www.campionre.com/blog/posts/2017/12/05/average-price-per-square-foot-by-neighborhood-in-boston/ <p>This snapshot provides&nbsp;average asking prices&nbsp;per square foot in 13 Boston neighborhoods. The prices listed are&nbsp;for the first three quarters of 2017, below which are the percent changes from&nbsp;the same period last year.&nbsp;</p> <p>For the neighborhoods in this analysis&mdash;which does not include all of the neighborhoods of Boston&mdash;the overall price range&nbsp;for the city through September ranges from $488 per square foot in East Boston&nbsp;to $1,219&nbsp;per square foot in Midtown. Because Boston&#39;s product is very limited, individual buildings can have a large effect on price per square foot statistics. In West End, for example, the delivery of units at Forecaster 121 has&nbsp;helped to raise average pricing there over 22%.</p> <p><span style="font-size:11px;"><em>Click the below&nbsp;graphic&nbsp;to expand.</em></span></p> <p><a href="https://s3.amazonaws.com/files.usmre.com/6119/blog/boston%20neighborhood%20PPSF%20thru%20Q3%202017.pdf" target="_blank"><img alt="" class="featured featured featured featured featured" src="https://s3.amazonaws.com/files.usmre.com/6119/blog/boston%20neighborhood%20PPSF%20thru%20Q3%202017.pdf" style="float: left; width: 675px; height: 522px;"></a></p> Boston Real Estate News Market Reports Tue, 05 Dec 2017 14:12:51 -0500 Campion & Company Market Report: 3Q 2017 https://www.campionre.com/blog/posts/2017/10/18/campion-company-market-report-3q-2017/ <h1><em>JUST RELEASED!</em></h1> <p><a href="https://s3.amazonaws.com/files.usmre.com/6119/blog/3Q%202017%20market%20newsletter%20Campion%20and%20Co.pdf" target="_blank"><img alt="" class="featured featured featured featured featured featured featured" src="https://s3.amazonaws.com/files.usmre.com/4965/blog/2017%203Q%20market%20report%20preview.png" style="width: 600px; height: 480px;"></a></p> <p><strong>Q3&nbsp;2017 Condominium Sales Reports for Metro Boston (Back Bay, Beacon Hill, Fenway, Midtown, North End, Seaport, South End, Waterfront and West End)&nbsp;</strong></p> <p><strong>Campion and Company, The Premier Luxury Boston Real Estate Brokerage consistently delivers the most comprehensive and objective market research and insights available.</strong></p> <h2><a href="https://s3.amazonaws.com/files.usmre.com/4965/blog/3Q%202017%20market%20newsletter%20Campion%20and%20Co.pdf" target="_blank"><strong>Download the 3Q - Boston Market Report Here</strong></a></h2> Boston Real Estate News Campion & Company News Market Reports Wed, 18 Oct 2017 12:10:18 -0400 Campion & Company Market Report: 3Q 2016 https://www.campionre.com/blog/posts/2016/10/19/campion-company-market-report-3q-2016/ <h1 style="text-align: center;"><em>JUST RELEASED!</em></h1> <p style="text-align: center;"><a href="https://s3.amazonaws.com/files.usmre.com/4965/blog/3Q%202016%20Market%20Update%20by%20Campion%20and%20Company.pdf"> <img alt="" class="featured featured featured featured featured" src="https://s3.amazonaws.com/files.usmre.com/4965/blog/3q%20market%20update.png" style="width: 475px; height: 350px;"></a></p> <p><strong>Q3&nbsp;2016 Condominium Sales Reports for Metro Boston (Back Bay, Beacon Hill, Fenway, Midtown, North End, Seaport, South End, Waterfront and West End)&nbsp;</strong></p> <p><strong>Campion and Company, The Premier Luxury Boston Real Estate Brokerage consistently delivers the most comprehensive and objective market research and insights available.</strong></p> <p><strong><u>Key highlights:</u></strong></p> <ul><li>As&nbsp;anticipated, Millennium Tower closings have had a significant effect on Metro Boston&#39;s 3rd Quarter and year-to-date sales.&nbsp;Nearly 90% of the Millennium Tower residences have hit public record,&nbsp;averaging over $1,400 per square foot. <ul><li>Including Millennium Tower:&nbsp;Both average and median sales prices in Boston&#39;s urban core rose nearly 50% above their year-ago levels.</li> <li>Excluding Millennium Tower: Average and median sales prices were up 14% and 12%, respectively.</li> </ul></li> <li>Millennium Tower is just one example of a new building completion that has helped push the number of Metro Boston&nbsp;sales up over 50% over the previous year. Excluding just the Tower, however, sales volume in Boston&#39;s core urban market&nbsp;is down 6%, due to factors such as&nbsp;ongoing inventory constraints and general uncertainty of an election year.</li> <li>Even with election year slow-downs, a robust seller&#39;s market continues,&nbsp;particularly for properties priced below $3M.</li> <li>On average, properties sold between $1M &amp; $2M trade&nbsp;for 99.4% of list price.</li> <li>Luxury properties sold above $3M trade&nbsp;for 93% of list price.</li> </ul><h2 style="text-align: center;"><a href="http://s3.amazonaws.com/files.usmre.com/4965/blog/3Q%202016%20Market%20Update%20by%20Campion%20and%20Company.pdf" target="_blank"><strong>Download the 3Q - Boston Market Report Here</strong></a></h2> <p style="text-align: right;">&nbsp;</p> Boston Real Estate News Campion & Company News Market Reports Wed, 19 Oct 2016 06:00:00 -0400 Campion and Company Market Report: 2Q 2016 https://www.campionre.com/blog/posts/2016/07/21/campion-and-company-market-report-2q-2016/ <p style="text-align: center;"><img alt="" class="featured featured featured featured featured featured featured featured featured featured" src="https://s3.amazonaws.com/files.usmre.com/4965/blog/Campion%20report%20logo.png" style="width: 275px; height: 85px;"></p> <h2 style="text-align: center;">JUST RELEASED!</h2> <p>Q2 2016 Condominium Sales Reports for Metro Boston (Back Bay, Beacon Hill, Fenway, Midtown, North End, Seaport, South End, Waterfront and West End)&nbsp;</p> <p><font color="#1D2129" face="San Francisco, -apple-system, BlinkMacSystemFont, .SFNSText-Regular, sans-serif"> Campion and Company, The Premier Luxury Boston Real Estate Brokerage consistently delivers the most comprehensive and objective market research and insights available.</font></p> <p><strong><u>Key highlights:</u></strong></p> <ul><li>Median sales price this quarter rose 6.5% above its year ago level to reach its second highest in history.</li> <li>Average price per square foot increased&nbsp;5.7% over last year, and 3.1% over this year&rsquo;s first quarter.</li> <li>The numbers of sales is up slightly as inventory levels surpass those of 2015.</li> <li>South End has the highest transaction volume, followed by Back Bay &amp; Midtown.</li> <li>Properties sold between $1M &amp; $2M are trading for 99.6% of list price.</li> <li>Properties sold above $3M are trading&nbsp;for 93% of list price.</li> <li>The overwhelming draw in the market now is toward newer buildings offering one-floor living, elevator access &amp; garage parking.&nbsp;</li> </ul><h2><a href="https://s3.amazonaws.com/files.usmre.com/4965/blog/Boston%202Q%202016%20Market%20Update%20by%20Campion%20and%20Company.pdf"> <strong>Download the 2Q - Boston Market Report Here</strong></a><a href="https://s3.amazonaws.com/files.usmre.com/4965/blog/Boston%202Q%20Market%20Update%20by%20Campion%20and%20Company.pdf">.</a></h2> Boston Real Estate News Campion & Company News Market Reports Thu, 21 Jul 2016 14:07:14 -0400