Sales of condos in the 11 areas in the city covered by Boston Homes fell slightly in January 2017 when compared to sales from a year earlier.

Sales of condos in the 11 areas in the city covered by Boston Homes fell slightly in January 2017 when compared to sales from a year earlier.

Based on statistics from the Listing Information Network, 232 condos were sold during the first month of this year. While that is a drop of 10 sales compared to January 2016, there was an increase in sales from the 213 condos sold in January 2015. January trends typically reflect a slower time for vending, as indicated in a big drop from December 2016 sales when 314 condos were sold.

One of the signs of demand verses inventory of housing in Boston is the increase in the median sale price of condos. The median this January rose to $647,500 – up from the $615,000 figure in December and $558,000 in January 2016.

Among the 11 areas of the city Boston Homes covers are Back Bay/Midtown; Beacon Hill/West End; Charlestown/Navy Yard; Downtown/Leather District/Fort Point/Seaport; Dorchester; East Boston; Fenway; Jamaica Plain; South Boston; South End/Bay Village; and Waterfront/North End/Financial District.

The most expensive condo sold in Boston in January was Penthouse 3A on the 51st floor at Millennium Tower for $8,950,000 on Jan. 12. This is a massive luxury condo with 4.172 square feet of exquisite living space. The top five floors at Millennium Tower are at the highest residential point on the Boston skyline and the views are indubitably spectacular. Penthouse residences start at 550 feet in the sky, many featuring outdoor terraces that remove the last boundary between you and miles of the world around you.

The floor-to-ceiling windows in every room afford/offer panoramic views of Boston Harbor extending to the Back Bay and Charles River. Turnkey residences feature bath and kitchen cabinetry from renowned designer Christopher Peacock, Carlisle wide-plank wood flooring, two gas fireplaces, a private terrace, and two valet or self-park spaces - all part of penthouse living in Millennium Tower.

Unit 702 at Heritage on the Garden, 300 Boylston St., was the second highest price, selling for $6,500,000 on Jan. 17. This exquisite seventh-floor home includes 2,429 square feet with two bedrooms and two baths. Each residence at the Heritage on the Garden is one of a kind. The elegant and modern design includes open space, floor-to-ceiling windows and extremely high ceilings. Main rooms are completed with crown molding and custom built-ins.

On the other end of the spectrum, the most affordable-priced condo sold on Jan. 25 for $150,000. This 417-square-foot studio with one bathroom is located at 70l Adams St. in Dorchester.

The units at Millennium Tower and Heritage are in the Back Bay/Midtown area. As has been the case lately, that area of the city continues to be a hot spot of demand.

During January 42 units sold in that neighborhood with an average price of $2,045,000 – the highest in the city. The median price was $1,520,000.

A sale that best reflects the Back Bay median happened on Jan. 12 with the purchase of Unit B-1 at 316 Beacon St. - a 1,330 square-foot garden level unit. This elegant brownstone home was gut renovated by Lee Kimball and offers single-level living comprising of a living room, eat-in kitchen, den, two bedrooms, two full bathrooms and high ceilings.

Beacon Hill/West End

There were 14 condos sold in the Beacon Hill/West End neighborhood with an average price of $975,136 and median of $759,500.

A unit at 47 Hancock St. was tops in the neighborhood, selling on Jan. 9 for $1,950,000. This three-bedroom, two-and-a-half-bath home has 1,855 square feet of living space. This is a stunning classic and modern dual-level condominium with stately nine-foot ceilings throughout the home. It offers a lovely entertaining living and dining room with well-designed kitchen.

Another big sale happened on Jan. 26 when new owners purchased a 1,580-square-foot home with three bedrooms and two-and-a-half baths at 38 S Russell St. for $1,850,000. This unique and stunning penthouse duplex also includes a beautiful custom kitchen with high-end integrated appliances, white oak hardwood flooring throughout, raised gas ribbon fireplace, alarm system, abundant windows for natural light, high ceilings, high velocity heating and cooling with wireless thermostats and tankless water heater.

Closest to the median was a two-bedroom, two-bath condo with 1,147 square feet at Whitler Place on Jan. 31 in the West End for $800,000.

Charlestown/Navy Yard

In the Charlestown/Navy Yard area, the biggest of the 17 sales made came on Jan. 31 when Unit 1 at 6 Adams St. was sold for $1,220,000. The beautiful home offers 1,867 square feet with two bedrooms and a bath.

Another impressive sale was that of Unit 1 at 21 Chestnut St. on Jan. 20 for $1,015,740. This beautifully renovated condo with remarkably restored original details sits on a corner lot in Charlestown's Gas Light District. The large rooms with large windows help make this a bright and happy home.

The median selling price in Charlestown/Navy Yard in January was $649,900 - the selling price for Unit 2 at 20 Mystic St. on Jan. 11. This gorgeous two-bedroom, two-bath home - with an open concept living and dining space - comes with an amazing gourmet chef’s kitchen and direct access to a private deck.


Of the 27 condos sold in Dorchester in January, the more expensive was for PM301 at Baker Square Condominiums for $760,000 on Jan. 20. This is a lovely renovated top floor condo with two bedrooms, two baths and a den flooded with sunlight.

Another big sale in Dorchester came on Jan. 18 when a unit at 119 Cushing Ave. went for $749,000. This is a big Victorian home with 2,257 square feet of space, including three bedrooms and three baths, nestled on top of Jones Hill.

The median selling price in Dorchester during January was $400,000 - the sale price for a 972 square-foot home with two bedrooms and a bath at 36-38 S Munroe Terrace,

Downtown/Fort Point/Leather District/Seaport

Three homes were sold in the Downtown/Fort Point/Leather District/Seaport in January with a median selling price of $830,000.

The highest priced sale was for Unit 522 in the Macallen Building at 141 Dorchester Ave. for $1,259,000 on Jan. 9. This beautiful eighth floor unit includes two bedrooms and two baths within its 1,658 square feet of luxury living space.

Selling at the median price was Unit 404 at Channel Ctr. at the Seaport on Jan. 9. This home provides 995 square feet with a bedroom and bath. Unit 404 features a dramatic entry with elevated 12-foot beamed ceilings and loft exposures.

East Boston

In East Boston, 17 sales were made with a median price of $375,000. Tops in sales came with Unit 413 at the Seville Boston Harbor, 250 Meridian St. for $620,000 on Jan. 17. This is a fantastic two-bedroom, two-bath, fourth floor corner unit in the new Seville Boston Harbor with garage parking, including an electric car charging station. Common area amenities include a fitness center, bike storage, lobby attendant and uncompromising sweeping views of Boston Harbor and the downtown skyline from the furnished roof deck.

Another notable sale came on Jan. 20 for Unit Five at 65 Lexington St. for $611,000. This home includes three bedrooms and two baths among 1,188 square feet of space.

The median price sale came with Unit 507 at the Seville Boston Harbor, which sold on Jan. 4 for $360,000. This is a one-bedroom, one-bath home with 732 square feet.

In the Fenway neighborhood, 10 condos were sold in January. The median price was $522,500. The closest to that price was with Unit 19 at 137 Peterborough St., which sold on Jan. 27 for $595,000. This 955 square-foot unit includes three bedrooms and one bath.


The highest price unit to sell in the Fenway was Unit 504 at Mountfort Place for $940,000 on Jan. 19. This is a two-bedroom, two-bath home with 1,033 square feet of space. It includes granite and stainless kitchen, recessed lighting, dining area, elevator, hardwood floors, Bosch washer and drier, extra storage, workout room and a low condo fee. The second highest sale was Unit 204 at Mountfort Place on Jan. 31 for $850,000 – matching the size of Unit 504.

Jamaica Plain

It was an active month in Jamaica Plain with 21 condos selling with a median price of $490,000. On top was a unit at 57 Robeson St. for $950,000 on Jan. 17. This home includes a chef's kitchens with Jenn-Air appliances, frameless shaker cabinetry and Caeserstone quartz counters. The generous master suites have spacious walk-in closets and a spa-like bath. There are also private patios and decks.

Also in JP, Unit 2 at 6 Everett St. sold on Jan. 3 for $877,500. This 1,998 square-foot unit has four great bedrooms and two baths.

Selling at the median price in JP was Unit 315 at 76 Elm St. on Jan. 31. The home offers 945 square feet with two bedrooms and a bath.

South Boston

It was another outstanding month in South Boston with 40 condos sold. The median price was $602,952. Closest to that was 265 West Second St., selling for $599,000 on Jan. 3. It includes 1,004 square feet of space with one bedroom and one-and-a-half baths.

The highest price home to sell was a unit at 374-378 West Broadway on Jan. 26 for $1,500,000. This is a sizable home with 2,239 square feet of space, including two bedrooms and two baths. This incredible penthouse home with elevator access features a spectacular kitchen with custom cabinets, stone counters and stainless appliances, has excellent natural light in all rooms, beautiful hardwood floors, custom paint colors, laundry in the unit and two gas fireplaces. It also has three private decks with great views of the downtown area.

Another impressive sale happened on Jan. 3 when 265 West Second St. went for $599,000. This beautiful condo offers 1,004 square feet with one bedroom and 1½ baths.

South End/Bay Village

There was also a lot of sales activity in the South End/Bay Village with 41 units sold. Of those sales, 18 were for more than $1 million.

The median price was $915,500, reflected in the sale of 130 Appleton St., #R-3H. This home affords 1,046 square feet, two bedrooms, one full and one half bath.

The top selling condo was at 25 Concord Sq., which sold on Jan. 31 for $3,050,000, boasting spacious 2,436 square feet with three bedrooms and three-and-a-half baths. Meticulously renovated in 2016, this sophisticated triplex seamlessly blends Victorian charm with contemporary design. A wall of glass which spans the backside of the building, high ceilings and true curve windows accentuate the depth of the open concept living and dining area. The adjacent chef's kitchen features contemporary cabinets from Leicht, a generous center island with a honed Carrara marble counter and top of the line appliances.

Another substantial sale came on Jan. 19 when Unit 701 at The Marais (19 Fr. Francis Gilday St.) sold for $2,740,320. This stunningly beautiful home has two bedrooms and two-and-a-half baths among the 2,236 square feet of living space.

Waterfront/North End/Financial District

There were 16 units sold in the Waterfront/North End/Financial District neighborhood with a median price of $728,000. Closest to that figure was Unit 3E on Broad Street for $699,000 on Jan. 10. The open kitchen and living area is surrounded by oversized windows, bricks, stones and restored beams in this 759-square-foot condo.

Tops is sales was 12 Union Wharf on the waterfront for $3,100,000 on Jan. 17. This was a rarely available townhouse at one of the most sought after condominium complexes on Boston Harbor. This home consists of a stunning kitchen, three bedrooms, plus a study/den, two-and-a-half baths and two private decks. Union Wharf offers sensational views of Boston Harbor and the skyline.

Also selling was 25 Union Wharf on Jan. 6 for $2,750,000. Another great home in a very desirable part of the city, this condo offers three bedrooms, two-and-a-half baths and 2,304 square feet of luxury living space.

According to The Warren Group, the median sale price for condos in Massachusetts in January reached $329,000, a 12.7 percent increase from $291,875 in January 2016. This marks the highest January statewide condo median sale price on record. The second highest number was in 2014 when prices reached $300,000. The condo market is thriving and shows no sign of slowing down anytime soon, according to the organization.

The number of condominiums sold statewide in January increased by 10.1 percent, with 1,469 sold compared with 1,334 sold in January 2016. Condo sales, much like single-family homes, have had a surprisingly strong January and this marks the highest January sales in 11 years.

The Warren Group reports that there were 3,621 single-family homes sold in Massachusetts in January, compared to 3,433 in January 2016, a 5.5 percent increase. This marks the fourth highest January sales total on record and the highest number since 2005 when sales reached 3,637.

The median sale price of a single-family home in January reached $342,500, a 7.0 percent increase from $320,000 in January 2016. This marks the highest January median sale price in over a decade when prices reached $349,000 in 2006.

“The 7.0 percent gain in median sale price in January is the biggest percentage gain for any month since March 2014,” said Timothy Warren, CEO of The Warren Group. “The real estate market in Massachusetts continues its steady climb to surpass all previous peaks.”