In a day's time, Spring will officially be here. Hopefully, gone will be the days of single-digit polar vortex misery, and comes the sunnier and warmer days. It isn't very hard toimagine then, that the busiest time of the year for real estate - spring and summer selling season - is upon us. It's not coming in a week's nor a month's time - in fact, it's already here. Investors and property-owners alike are already a buzz on this year's real estate market. In our firm alone, we are fielding a god amount of listing inquiries from both sides of the fence; sellers are consulting how they can best cash in, and buyers are prodding for potential good buys (like they always do).
So, what are the good buys this year? Well, in terms of condo buildings, there's 10 that did not take its time to get filled up in 2013. Let's take a look back at these best-selling condos of last year before we dive deep into what you have to look forward to this coming buying and selling season. (Click here to view a map version of the rankings below)
No. 1 42 Eight Street 42 8th Street, Boston, 02129 Sales in 2013: 48 Units Median sale price: $380,000
No. 2 141 Dorchester Avenue 141 Dorchester Ave., Boston 02127 Sales in 2013: 46 Units Median sale price: $610,000
No. 3 45 Province 45 Province Street, Boston 02108 Sales in 2013: 36 Units Median sale price: $1,262,500
No. 4 Whittier Place 6 Whittier Place, Boston 02114 Sales in 2013: 34 Units Median sale price: $434,500
No. 5 One Charles Boston 1 Charles Street, Boston 02116 Sales in 2013: 29 Units Median sale price: $1,345,000
No. 6 Residences at Ritz Carlton 1 Avery Street, Boston 02111 Sales in 2013: 27 Units Median sale price: $747,000
No. 7 The W Residences Boston 110 Stuart Street, Boston 02116 Sales in 2013: 27 Units Median sale price: $1,730,000
No. 8 Residences at The Intercontinental 500 Atlantic Ave., Boston 02110 Sales in 2013: 29 Units Median sale price: $1,425,000
No. 9 Porter 156 156 Porter Street, Boston 02128 Sales in 2013: 22 Units Median sale price: $349,500
No. 10 Harbor Towers 65 East India Row, Boston 02110 Sales in 2013: 22 Units Median sale price: $737,750
What can you look forward to this year, you ask? Well, there's a few that'll either be breaking ground or are built and poised to go to market this year. Stay tuned this Friday, as we come out with that all-too important list! Do you have any guesses? Tweet them over to us @BostonIRE!
Credits go out Tom Acitelli at Curbed.com and the guys over at PropertyShark for the reliable data.