24
July
2012

The Boston condo market continues to grow stronger

Filed under: Advice for Home Buyers, Advice for Home Sellers, Boston Luxury Condos, Boston Luxury Real Estate Market, Boston Real Estate Market, Carmela Laurella, CL Waterfront Properties NEWS, Luxury Real Estate, Waterfront Boston. • Tags: , . By

Boston Condo Sales Up

The Boston condo market continues to grow stronger. According to a recent Boston Globe article, condo sales have jumped an astonishing 29% since this time last year and the median sales price has seen a 6% increase. Consumer confidence has been regained in the market place and many buyers are beginning to re-enter the market taking advantage of low interest rates. The Waterfront market alone has shown record setting growth over the past year with a 21% increase in median sales prices and a 4.82% increase in price per square foot. CL Waterfront Properties, LLC president, Carmela Laurella, was quoted in the article saying; “We have more demand than we have property to sell…We can barely list anything without it going under [a purchase agreement] within a couple of weeks.” For questions and inquiries about Boston real estate please contact CL Waterfront Properties, LLC.

3
November
2011

Condo Sales Climbing in Boston; October Sales Numbers

Filed under: Advice for Home Buyers, Advice for Home Sellers, Boston Luxury Condos, Boston Luxury Real Estate Market, Boston Real Estate Market, Boston Waterfront Condos, Boston Waterfront Luxury Buildings, Boston Waterfront Real Estate Market, Burroughs Wharf, Carmela Laurella, CL Waterfront Properties NEWS, Featured Sold Properties, Harbor Towers, Lincoln Wharf, Luxury Real Estate, North End Boston, North End Luxury Condos, North End Luxury Homes, North End Real Estate Market, North End Waterfront Condos, Union Wharf, Waterfront Boston. • Tags: , . By

Boston.com recently reported that Boston’s downtown condominium market rose by more than 22 percent in the third quarter as home buyers gained confidence in the city’s core residential areas according to data released by the Listing Information Network, a company that tracks the downtown real estate market.  Sales along the Boston Waterfront are also rising!

Harbor Towers Luxury Condo recently sold by CL Waterfront Properties LLC

Harbor Towers Luxury Condo recently sold by CL Waterfront Properties, LLC

Condo sales in the Waterfront/North End continued to strengthen in October, as 15 properties closed with a total sales volume of $15,184,000.  The average sale price for the month was $1,084,000, which is considerably higher than October 2010 when the average sale price was only $767,000.

CL Waterfront represented six of these October sales and $6.199M volume.  CL Waterfront closed deals at Lincoln Wharf, Harbor Towers, Burrough’s Wharf and 2 sales at Union Wharf.

Year to date, CL Waterfront continues to be the Waterfront’s top brokerage; having closed more than $52M on 50 transactions.  Since opening in the winter of 2010, CL Waterfront has already sold more than $100M in real estate.

If you need help selling your Boston Condo, contact CL Waterfront today.

Read the Full Boston.com article here