2010 Spring Condo Market

The spring Boston condo market has arrived early this year! In the past week alone, 77 new condos have come on the market in Boston’s major neighborhoods. The majority of these new condos have come on the market in Back Bay, South End and South Boston. These 3 neighborhoods alone account for 63 of the new listings. It’s important to keep in mind that these lists don’t include new development condos. If you’re thinking of purchasing this spring you might want to start looking now, so as to not miss out on what’s coming on the market. If you’re thinking of listing your property for sale, I can tell you our office is swamped with buyers looking to purchase homes in these neighborhoods. Call us today to find out what your home can fetch, or email as contact@backbayrealtygroup.com

The First 10 Days of February

First 10 days of February 2010 market data:

Back Bay 2010
11 Listings Sold
Avg. Sale Price: $1,705,818
Avg. Price/ft: $1,010

Back Bay 2009
3 Listings Sold
Avg. Sale Price: $1,804,632
Avg. Price/ft: $1,115

Beacon Hill 2010
2 Listings Sold
Avg. Sale Price: $393,500
Avg. Price/ft: $766

Beacon Hill 2009
0 Listings Sold
Avg. Sale Price:
Avg. Price/ft:

It would seem that buyers are looking sooner this year than last year. Prices might be down slightly but inventory is moving.

Home Improvement Tip: How to find a leaky toilet

This week will be the first of a multipart series in how to find the leak you may have in your toilet. This tip will help you if you have water puddling on the floor or you think your toilet might be running but aren’t sure.

Step 1: Clean the Toilet!
Cleaning the toilet and make sure the surrounding area is dry will go a long way towards making this process easier.

Step 2: Add Food Coloring to your toilet tank (red is easiest to spot) then flush the toilet.
After you’ve flushed the toilet give it a few minutes that take a dry paper towel and wipe around where the toilet meets the floor. If your paper towel turns red you now know where the leak is. (Most likely it’s the wax flange that the toilet rests on.)

Step 3: If you think the toilet might be running and want to be sure…
After you flush the toilet then add food die when the tank is half full. As the tank begins to fill, if it’s working properly the water should stay inside the tank. If you come back 45 mins later and see that water in the toilet bowl turning a red color you know that yes your water is running because you’ve got a leaky stopper.

January 2010 Review

January has come and gone, now it’s time to look back  and see what happened in Back Bay and Beacon Hill sales. It’s looking pretty positive for the most part, but certainly looking better for Back Bay owners than Beacon Hill owners if you need to get your home sold.

Back Bay 2010
23 Condos Sold
Avg. Sale Price: $1,196,326
Avg. Price/ft: $960

Back Bay 2009
10 Condos Sold
Avg. Sale Price: $1,245,050
Avg. Price/ft: $871

Beacon Hill 2010
4 Condos Sold
Avg. Sale Price: $1,358,125
Avg. Price/ft: $1035

Beacon Hill 2009
6 Condos Sold
Avg. Sale Price: $280,500
Avg. Price/ft: $654