What does $450,000 buy you in Somerville? What was once a working class city characterized by high crime rates and low incomes has grown rapidly in recent years, transforming into an artistic and politically active community. The average price per square foot of sold condominiums in 2018 reached $568, an 11% increase since last year. The average […]
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Viewing posts from: Multi-Family
Million Dollar Condos Are The New Reality What was once a neighborhood characterized by its affordable property values and family-run restaurants has transformed into a rapidly-developing market filled with million-dollar homes. In 2018, the average sale price in South Boston skyrocketed to $803,513, up 10% from 2017 and 86% from 2008. South Boston’s housing market […]
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Excerpt from The Real Reporter: Boston Realty Advisors negotiated the fourth commitment, 461 Massachusetts Ave., a 17-room lodging house which sold for 6.3 million, its team consisting of BRA principal Jason S. Weissman and the firm’s multifamily practice group. The Lynn portfolio at 40-60 Lewis St. and 11-17 Beach Rd. equates to over $101,000 per […]
Read MoreWant a Deal? Find a Studio in Jamaica Plain The average listing price in Jamaica Plain in 2018 is $613,000, up 8% since last year. With just 35 listings on the market, and 42 under agreement in March (with the average days-to-offer at 10 days) Jamaica Plain has transitioned into a hotbed for families and […]
Read MoreRoaring South End is Untamable Boston’s South End has been evolving for decades but has often been overlooked by the Back Bay. Once a mix of classic homes and seedy streets, its borders have expanded over the years with redevelopment and urban growth. Today, many homes have been either returned to their original elegance or […]
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