It's been reported that in the past couple of months, Boston condominiums have been disappearing from the market. The inventory of local available condo units haven't seen these low levels since 2004, when the housing economy was still basking in all of its glory.
With all the news that's been made public about how the rebound is real, it seems buyers in the Boston market are also quick to respond, snapping up cozy condominiums as quickly as they can. In October, four properties closed in just under a day of its listing, only two of which were slightly under the asking price.
566 Commonwealth Avenue, Kenmore Square
Bright SW facing large renovated studio in a luxury elevator building in revitalized Kenmore Sq. This updated unit is complete with new hard wood floors, central A/C, with a wall of fl to ceiling windows. Peer into Fenway Park from your private balcony. Co-op fee includes RE Taxes, 24/hr concierge, blanket bldg mortgage, cable, heat/hot water, extra interior maintenance, common laundry. Steps away from restaurants, nightlife, movies, the T, The Esplanade and shopping. Dry cleaning service in bldg. 600 sq. ft. ($333.33/sq. ft.)
Asking Price: $199,000 Closing Price: $200,000
141 Dorchester Avenue, South Boston
Southie spacious studio layout with open concept. Bamboo hardwood flooring throughout. Stainless steel appliances and stone counter tops. Modern baths with stone counter tops Washer/dryer in unit. One deeded parking spot included! Building amenities include: 24/7 concierge, gym facility, common bike storage, screening room, and outdoor pool terrace with heated lap pool, BBQs, and free WiFi internet. 804 sq. ft. ($496.27/sq. ft.)
Asking Price: $399,000 Closing Price: $399,000
1576 Commonwealth Avenue, Brighton
Sunny top floor studio in great building in Washington Square Condominiums in Brighton. Freshly painted, shining hardwood floors, separate kitchen and bath. 310 sq. ft. ($419.35/sq. ft.)
Asking Price: $135,500 Closing Price: $ 130,000
483 Beacon Street, Back Bay
Amazing Back Bay corner one bedroom on sunny South East corner with high ceilings, hardwood floors (all newly refinished), new windows in living room, and much more. Bathroom with granite wall accents and floor. Elevator building, pet friendly. 475 sq. ft. ($768.42/sq. ft.)
Asking Price: $ 375,000 Closing Price: $ 365,000