Back Bay Realty Group Blog » South End Condos http://www.backbayrealtygroup.com/blog Our knowledge gives you the edge Thu, 26 Jan 2012 17:55:20 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 1850 Auction Results http://www.backbayrealtygroup.com/blog/2009/06/29/1850-auction-results/ http://www.backbayrealtygroup.com/blog/2009/06/29/1850-auction-results/#comments Tue, 30 Jun 2009 03:04:25 +0000 Chris Dunn http://backbayrealtygroup.com/blog/?p=30 The 1850 auction that took place yesterday and it was quite the event! The 35 units that were auctioned off brought out over 100 bidders. It took just 1 hour and 20 mins to sell all 35 units and 21 parking spaces. Pricing Break Down: Biggest Discount : Unit 507  $247,000 off last asking price [...]
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The 1850 auction that took place yesterday and it was quite the event! The 35 units that were auctioned off brought out over 100 bidders. It took just 1 hour and 20 mins to sell all 35 units and 21 parking spaces.

Pricing Break Down:

Biggest Discount : Unit 507  $247,000 off last asking price (also the most expensive unit!)

Cheapest Unit: Unit 206 $267,000 buyer got a $100,000 discount.

Average Price per Square Foot: $370.76

Average Discount: $114,029

Average Unit Price: $320,229

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