The average price for units rose from $826,577 in May to $951,129 in June.
June was a busy month for condo sales in Boston. The number of homes sold made a steady climb from 406 in May to 557 in June, according to the Listing Information Network (LINK). It was also an increase from June 2016 when 541 sold.
Units moved faster in June with the average days on the market falling to 33 as compared to 38 in May and 55 in April. It is also an improvement over June 2016 when the average time a home was on the market was 38 days.
The average price for units rose from $826,577 in May to $951,129 in June. That is also an increase from a year earlier when the average selling price was $924,476. The median price was $645,000 in June, up slightly from $641,250 in May, but down a bit from the $655,000 last year in June.
The neighborhoods covered by Boston Homes are Back Bay/Midtown; Beacon Hill/West End; Charlestown/Navy Yard; Dorchester; Downtown/Leather District/Fort Point/Seaport; East Boston; Fenway; Jamaica Plain; South Boston; South End/Bay Village and the Waterfront/North End/Financial District.
The most expensive home sold in June was 22-27 Commonwealth Ave., Unit 25 in the Back Bay. This 7,554 square-foot beauty sold for $17,200,000 on June 22.
This extraordinary residence combines the scale and luxuries of suburban living with the convenience and amenities of city living. Beaming natural light through 32 windows, one can relish panoramic views of the distinguished Commonwealth Avenue Mall. This quintessential Back Bay home with private entrance, features five bedrooms, four full and two half baths and has been impeccably maintained, exuding elegance and charm.
Jeanne Marie Conley of Compass is listed as the agent.
Another big sale happened on June 22 when Millennium Tower, PH4E in Midtown was sold for $9,250,000. One of the 11 most unique residences in New England, this 3,435 square-foot, three-bedroom, four-and-a-half-bath home offers a custom kitchen handcrafted by Christopher Peacock with Wolf, Miele and Sub-Zero appliances. The private terrace feels like an outdoor living room and connects to the great room with fireplace on one end and the master suite on the other. The master suite boasts a wet bar, separate his and hers bathrooms, and huge his and hers walk-in closets.
The MP Marketing Team, MP Marketing of Massachusetts listed the unit.
The unit best representing the city’s median selling price came on June 1 when 194 Marlborough St., Unit 6 in the Back Bay sold for $645,000.
This classic one-bedroom, one-bath condo is in a highly sought after, impeccably-maintained Back Bay brownstone. This property offers a decorative fireplace, high ceilings, large windows and hardwood floors throughout.
Martha Toti of Coldwell Banker - The Hammond Group was the listing agent and Brian Dougherty of Robert Paul Properties was the buyer’s agent.
The three hottest neighborhoods for sales in June were South Boston, the South End – Bay Village and Back Bay – Midtown. Jamaica Plain wasn’t too far behind the Back Bay.
June was a very good month in South Boston with 95 homes sold, compared to 78 in May. It was tops in sales in the city once again. The average selling price went from $673,817 in May to $700,784 in June. The median price also went up from $599,000 in May to $644,500 in June.
The biggest sale was 621 East First St., Unit A3 on June 30 for $1,485,000. This home has an open floor plan with a custom appointed kitchen equipped with 10-foor floating islands and commercial grade appliances. The master suite is large and has a steam shower and custom closet. There is 2,140 square feet of living space that includes three bedrooms and two bathrooms. Joyce Lebedew of Joyce Lebedew Real Estate is the listing and selling agent.
Selling at the $644,500 median price was 556 East Fifth St., Unit 2 on June 29. This condo offers three bedrooms and a bathroom. There are beautiful hardwood floors, high ceilings, stainless steel appliances and an open kitchen/dining room area as well as a washer/dryer in unit, storage in basement, a private deck and exclusive roof rights. The listing and selling agent was Jennifer Reidy of the Seaport Realty Group.
Back Bay - Midtown
Sales also went up in the Back Bay – Midtown, rising from 54 in May to 77 units sold in June. The average selling price was $2,033,208 in June, up from $1,473,871 in May. The median price also climbed from #965,000 in May to $1,020,000 in June.
As talked about earlier, the biggest sale was 22-27 Commonwealth Ave., Unit 25. The median was 194 Marlborough St., Unit 6.
Beacon Hill – West End
June also saw a rise in the Beacon Hill – West End neighborhood. Sales went from 20 in May to 31 in June and the average sale price skyrocketed to $1,409,586, up from $941,445 during the previous month.
The top sale came on June 30 when 2 Chestnut St., Unit 2 sold for $6,700,000. This is a one of a kind Beacon Hill penthouse located a block from the Boston Common. The property consists of four bedrooms, four and a half bathrooms, private elevator, private roof deck, office and home gym.
The listing agent was Glenn Forger of Olde Forge Realty and the buyer’s agent was Patti Donovan of Keliher Real Estate.
Selling at the median price, 38-42 Joy St., Unit 13 sold for $989,000. It has 1,000 square feet of living space that includes a bedroom and one and a half baths.
South End – Bay Village
The South End – Bay Village was the second hottest neighborhood in Boston in June with 92 homes sold. That’s a big step up from 56 sold in May. The average selling price rose from $937,503 in May to $1,191,750 in June. The median price also skyrocketed from $784,500 in May to $1,002,500 in June.
The biggest sale was of 6 Union Park, Unit 3, which sold on June 13 for $3,500,000. This one-of-a-kind penthouse duplex home offers approx. 2,330 square feet of contemporary living space, with three bedrooms including a stunning park-facing master suite, two-and-a-half sleek bathrooms, a crisp state of the art oversized kitchen and an open floor concept living room with expansive ceiling height, high end finishes, a gas fireplace and sunny exposures.
Ricardo Rodriguez of Coldwell Banker Residential Brokerage - Boston - Newbury St. was the listing agent and Jeffrey Hamilton of Columbus and Over Group, LLC was the buyer’s agent.
Closest to the median price was 488 Columbus Ave., Unit 6, selling on June 5 for $1,000,000. Overlooking the coveted Titus Sparrow Park in the South End's “Coke Bottle” building, this penthouse two-bedroom home is rare with three sides of light exposure. This unit basks in the sun from the South and West and has incredible Back Bay views to the North through the living room windows.
Paul Whaley of the Charlie Ring Team, Coldwell Banker Residential Brokerage – Boston, was the listing agent and William Montero of Gibson Sotheby's International Realty was the buyer’s agent.
Charlestown – Navy Yard
Charlestown – Navy Yard saw sales check in at the same number in June as it was in May – 34 sold. The average selling price dropped, falling from $753,853 in May to $737,045 in June. The median selling price also took a fall from $768,000 in May to $693,250 in June. According to LINK, the average days a unit stayed on the market went from 27 in May to 11 in June.
The most expensive sale was The Nautica, 55 Chelsea St., B-55. It sold on June 29 for $1,330,000. This rarely available townhouse at the Nautica at the entrance to the Charlestown Navy Yard has views from its private patio and deck. It offers open living and dining areas with a fireplace. The new owners will love the granite kitchen and island with pendant lighting that opens to family room.
Janis Pacheco, Coldwell Banker Residential Brokerage - Boston - Beacon Hill, was the listing agent and Nancy Soisson, Coldwell Banker Residential Brokerage - Boston – Charlestown, was the buyer’s agent.
Closest to the median price was 253-255 Main St., Unit 2, which sold for $706,500 on June 26.
This beautiful two-bedroom, two-full bathroom home offers an open floor plan with stunning views of the city and Zakim Bridge from every window. Windows that illuminate an incredible amount of sunlight throughout the entire unit surround the living room, which has a gas fireplace.
George Sarkis of Otis & Ahearn was the agent for the listing and this sale.
June was an excellent month for sales in Jamaica Plain with 73 sold as compared to 42 the previous month. However, the average selling price fell from $656,005 in May to $531,365 in June. The median also dipped from $575,000 in May to $499,000 in June. The average number of days a home stayed on the market was cut in half, going from 44 to 22 in June.
The top sale was Unit B at 66-68 Seaverns Ave., which sold on June 2 for $1,130,000.
This is a stylish triplex with a private entrance, two outdoor areas and more than 2,200 square feet of elegant living space. The new owners can entertain on the wonderful private 526-foot roof deck with wet bar and gas connection.
Roberta Orlandino of Coldwell Banker Residential Brokerage - Boston - Newbury St. was the listing broker and Jennifer Schneider of Century 21 Elite Realty was the buyer’s agent.
Selling at the median price was PH1 at 240 Heath St., going for $499,000 on June 15. This loft style penthouse duplex with two bedrooms and one-and-a-half baths is spacious, bright and grand. Beth Rosenberg of Sterling Properties listed the property.
The Fenway saw sales fall from 31 in May to 25 in June. The average selling price was $521,012, a drop from $688,828 the previous month. The median also came down, going from $585,000 in May to $500,000 in June.
12 Stoneholm St., Unit 513 led sales, going for $1,005,000 on June 2. This is a 353 square-foot loft with one bedroom and one bath.
Hitting the median exact was Unit 24 at 137 Peterborough St., going for $500,000 on June 30. This home has 570 square feet with a bedroom and bath.
Waterfront – North End – Financial District
Sales here went up from 16 in May to 22 in June while the average price fell, going down to $790,495 from $1,368,188 during the previous month. The median price also dropped to $711,500 from $1,131,500 in May.
Harbor Towers II, 65 East India Row, saw the biggest sale with Unit 30A/B selling for $1,925,000 on June 30.
This is a full service building with spectacular 30th floor views of the historic Boston skyline and Waterfront. Two previous units (A and B) were combined into one, making this stunning single floor living space of 2,400+ square feet. This home is equipped with three large bedrooms, plus an additional office space.
Kevin Caulfield of Compass MA LLC was the listing agent and Anthony Menounos of Coldwell Banker was the buyer’s agent.
Closest sale to the median price was on June 30 when 59 Fleet St., Unit 3 in the North End sold for $705,000.
This is a beautiful corner home with waterfront views, nine windows and corner exposure that allows for great natural light. This spacious property has been fully renovated and features pristine hardwood flooring.
Carmela Laurella of CL Waterfront Properties was the listing and buyer’s agent.
Downtown - Fort Point – Leather District - Seaport
Sales in the Downtown – Fort Point – Leather District – Seaport area moved up in June, going from 9 the previous month to 13. The average selling price also saw a sharp increase, heading from $832,889 in May to $1,427,308 in June.
Leading sales was 22 Liberty Drive, Unit 12A in the Seaport, selling for $6,750,000 on June 13. The listing agent was LINK Listing Information Network.
Court Square Press Building, 9 West Broadway, Unit 322 in the Seaport sold at the median price of $960,000 on June 15. This is a city-dweller's dream location with convenient T and highway access just across the street. Residents of Court Square Press enjoy 24-hour concierge services, on-site fitness facilities, bike storage, a landscaped private courtyard with a seasonal pool and grilling platforms and garage parking.
The listing agent was Burbs to Boston, Berkshire Hathaway HomeServices, Warren Residential and the buyer’s agent was Megan Kopman of Compass.
June was a good month for sales in East Boston with 39 sold, up from 20 in May. The average selling price went up from $411,155 to $442,119 in June and the median also ticked up to $425,000 from $419,800 during the previous month.
On June 20, 115 Trenton St. sold for $975,000.
This is an excellent condo conversion property in the heart of Eagle Hill. The third floor has direct access to the roof, perfect for a roof deck to take in the breathtaking views of skyline Boston and airport.
Arquimides Chinchilla of Perlera Real Estate was the listing and buyer’s agent.
Selling at the median price was 60-62 Gove St., Unit 201 for $425,000 on June 7. This home is 829 square feet with two bedrooms and a bath. LINK Listing Information Network is the agent.
June was a rise in sales in Dorchester, going from 46 in May to 56 the next month. However, the average selling price dipped from $434,075 to $415,623 in June. The median price checked in at $407,000, down from $428,000 the previous month.
The average days on the market went down from 28 in May to seven in June.
The biggest sale was 47 Coffey St., Unit A, which sold on June 27 for $797,000.
This 1,825 square-foot, four-level home in Neponset has three bedrooms and three-and-a-half bathrooms with a two-car heated garage and large roof-deck.
Douglas Bosse, Olde Towne Real Estate Co., was the listing agent and Kevin Lewis and Patrick Duff of William Raveis R.E. & Home Services represented the buyer.
One of the homes selling closest to the median was at 11 Everett Ave., Unit 1, which sold on June 12 for $409,000. This 632-square-foot home has two bedrooms and a bath.
The listing agent was Anabela Gomes of Great Places Realty and Jessica Shauffer of the Young Realty Group represented the buyer.