1
Greater Boston Market Trends Summer 2022
2
Recently Sold by Engel & Völkers
4 Hill Street I $1,500,000
5 Shady Lane I $1,935,000
15 Manila Avenue I $787,500
82 Mystic Street I $800,000
34 Fayette St, #1 I $1,500,000
106 Fulton Street, #1A I $1,340,000
46 Gloucester Street • Boston, MA • 02115 boston.evrealestate.com 617-936-4194
3
30 Plainfield Street I $2,200,000
129 Pinckney Street I $3,405,000
51 Commercial Wharf, #7 I $2,699,000
1 Dalton Street, #3005 I $5,650,000
15 W Bellflower St, #3 I $851,000
8 Whittier Place, #21A I $532,000
4
Setting the bar for sophisticated real estate At Engel & Völkers Boston, we embrace our city’s simple ethos — work hard, play hard, treat clients like family. Our advisors work each transaction with the same care and diligence as if they were purchasing or selling themselves.
We’re not just the most successful in the area, we reflect the Engel & Völkers’ culture of teamwork, passion, and expertise. With state-ofthe-art real estate tools and technology, global luxury brand recognition and unrivaled market and marketing dexterity, we deliver concierge class service during the purchase or sale process and beyond. Call on us for your next transaction. Our bold strategies and individual counsel are crafted to impart the information you’ll need to make informed decisions in an increasingly complex real estate marketplace. Engel & Völkers Americas 2022 Q2 in Review: An impressive start to the year ! 2022 Q2 in Review Video 46 Gloucester Street • Boston, MA • 02115 boston.evrealestate.com 617-936-4194
Table of Contents
Recently Sold by E&V Introduction Summer Property Spotlight Virtual Marketing Suite Back Bay Beacon Hill Brookline Cambridge Charlestown Jamaica Plain Medford Midtown Newton North End Seaport Somerville South End South Boston Waterfront West End EV by the Numbers Engel & Völkers EDGE Shop and Dine Local Engel & Völkers Cares Meridian Realty Group Jayne Kramer Bio
2-3 4 6-7 8-9 10-11 12 13 14-15 17 18 19 20-21 22-23 24 25 26-27 28-29 30 31 32-33 34 35 36 37 38-39 40
©2020 Engel & Völkers. All rights reserved. Each brokerage independently owned and operated. If your property is currently represented by a real estate broker, this is not an attempt to solicit your listing. Information about any property described was provided solely by seller(s) without verification by the broker(s) therefore broker(s) is/are not responsible for the accuracy of the information contained herein. Buyer should take any and all steps necessary to verify said information. Offerings are subject to prior sale, price change or withdrawal without notice. Engel & Völkers and its independent License Partners are Equal Opportunity Employers and fully support the principles of the Fair Housing Act. An Equal Opportunity Employer. Equal Housing Opportunity.
5
6
Summer Property Spotlight Killybracken Estate I Gloucester
9 Drumhack Road I Main House + Pool House + Guest Cottage I 10,400 sq ft Killybracken, an enchanting estate with expansive lawns and lush, perennial gardens, ensures absolute and self-sufficient privacy while enjoying stunning panoramic ocean views. The compound features an historic main residence, pool house, guest cottage, detached two car garage all built with the finest attention to detail. This estate is rooted in beauty and strength. Behind the high-quality craftsmanship of gorgeous granite, antique woods, and other natural stone finishes. This magnificent manor is secluded on one of the most eastern points of land in the continental United States yet has convenient links to Boston and can be easily reached by land, air and sea.
1 Copperwood Road I Medfield
1.3 Acre Lot I 4 Bedrooms I 2.5 Bathrooms I 2,306 sq ft Located on a level 1.3 acre lot on a quiet cul-de-sac, this expansive center entrance colonial offers amenities, large deck and oversized 2-car garage. The open, bright & inviting foyer leads you to both living areas and large eat-in kitchen. The main floor offers an elegant dining room with oversized bay windows overlooking a wooded backyard perfect for entertaining. The second floor boasts 4 large beds with brand new paint and carpets, a full-bath and large primary bed with en-suite bath and large walk-in closet. There is potential for additional living area with a large walkup attic completely ready and easy to finish, and an open basement with 7’ ceilings and nearly 1,000 sf in area.
332 Franklin Street, Unit 600 I Cambridge
Top Floor Duplex I 2 Bedrooms I 1.5 Bathrooms I 1,060 sq ft This beautifully renovated top floor duplex is not to be missed. This sun splashed corner unit has large windows lining the main living level featuring a modern white kitchen which opens to the dinning and living area with expansive city views; and foyer with coat closet and half bath. The 2nd level or the top floor offers two equally-sized bedrooms with generous closet space and a marble full bath. Ideally located in Central Square neighborhood. Steps to the T and the rich cultural and culinary scenes in Cambridge. One garage parking space and a storage unit complete the deal. 46 Gloucester Street • Boston, MA • 02115 boston.evrealestate.com 617-936-4194
7
Summer Property Spotlight 8 Whittier Place, Unit 10C I West End
Whittier Place I 2 Bedrooms I 2 Bathrooms I 1,223 sq ft Warm and inviting home has city views, great light, and a wonderful layout with an abundance of closet space. The spacious living room is designed for entertaining, and located off of the living room is access to your private balcony. Kitchen renovations include white cabinetry, gas cooking, and a large breakfast bar with granite countertop which opens to the living area. Spacious bedrooms both fit King beds, and the main bedroom has a large closet and views of the Zakim Bridge and Charles River. The second bedroom has added built in closets and recent high-end designer renovations of interior common areas include marble lobby and fireplace.
621 East 1st Street, Unit C6 I South Boston
Edison on First I 2 Bedrooms I 2 Bathrooms I 1,772 sq ft Created in 2017 by one of South Boston’s most reputable developers. Open floor plan ideal for entertaining, including an attached private deck piped for gas grilling. The chef’s kitchen features brilliant white quartz countertops & island, commercial grade Wolf/Sub Zero appliances, beautifully detailed coffered ceilings, European styled cabinetry plus wet bar. The master bedroom includes a large walk-in closet and en-suite bath with dual vanity, steam shower and a generously sized soaking tub. Multiple options throughout the home for office/work space. Deeded private roof deck space overlooking the downtown Boston skyline. Two deeded garage parking and one deeded storage unit (5x6).
16 Harcourt Street, #4L I Back Bay
Residences at Copley I 2 Bedrooms I 2.5 Bathrooms I 1,505 sq ft It’s unimaginable not to love this masterful, stylish home perfectly situated at a pivotal verdant park like location at the crossroads of Back Bay & South End. Rarely available at the sought after Residences at Copley, an upscale co-op boutique style building with elevators, storage, onsite parking & 24 hour concierge. Live as you deserve in this one of a kind bright & sunny residence of 14 windows with the most engaging layout, design, finest of fixtures & high end appliances. Impressive new kitchen with Miele oven & cooktop, Bosch d/w, Subzero Fridge. Stunning main spa-like bath w marble countertops, double sink & custom closest.
8
Engel & Völkers Virtual Marketing Suite
46 Gloucester Street • Boston, MA • 02115 boston.evrealestate.com 617-936-4194
9
10
Back Bay Neighborhood Market Trends
Back Bay Neighborhood Statistics Listings Sold
Days on Market
Average Sale Price
Sale to List Price Ratio
Q2 2021
126
90
$1,923,194
98%
Q2 2022
99
47
$2,040,372
100%
Data per MLSPIN
Back Bay’s rich history and trendy restaurant, shopping and nightlife create a vibrant atmosphere everyone wants to be part of. Our own office is located in the heart of Back Bay and we can attest to the majestic bustle! The number of condos sold decreased 21% year-over-year for the second quarter. The average sales price increased by 6%. The real estate market is thriving in our neighborhood. The current average list price for a condo in the Back Bay is $2,896,256 with 124 units on the market. 46 Gloucester Street • Boston, MA • 02115 boston.evrealestate.com 617-936-4194
Back Bay condos Average price per square foot (Q2) 2019 2020 2021 2022
$1,257 $1,145 $1,290 $1,417
11
Back Bay Featured Listings
465 Beacon St, #1 I $989,000
86 Marlborough St, #2 I $1,800,000
16 Harcourt St, #4L I $1,600,000
160 Beacon St, #1 I $1,950,000
180 Beacon St, #2D I $865,000
371 Beacon St, #2 I $700,000
12
Beacon Hill Neighborhood Market Trends
Beacon Hill Neighborhood Statistics Listings Sold
Days on Market
Average Sale Price
Sale to List Price Ratio
Q2 2021
56
59
$1,333,864
98%
Q2 2022
56
29
$1,796,720
101%
Data per MLSPIN
Brick row houses with beautiful doors and gaslit cobblestone sidewalks lined with window boxes all add to the charm and mystique that can only be found in Beacon Hill. The number of condos sold remained the exact same year-over-year for the second quarter. Days on market has dropped pointing to a fast moving market and we predict more inventory to come on the market in the coming weeks. The current average list price for a condo in Beacon Hill is $2,771,663 with 51 units currently on the market. 46 Gloucester Street • Boston, MA • 02115 boston.evrealestate.com 617-936-4194
Beacon Hill condos Average price per square foot (Q2) 2019 2020 2021 2022
$1,285 $1,185 $1,216 $1,312
13
Brookline Neighborhood Market Trends
Brookline Neighborhood Statistics Listings Sold
Days on Market
Average Sale Price
Sale Price/List Price %
Q2 2021
199
37
$1,037,985
101%
Q2 2022
162
30
$1,115,434
102%
Data per MLSPIN
Brookline offers a rare mix of urban living in an attractive suburban atmosphere. Its variety of restaurants, shopping and iconic cultural institutions backdropped against an acclaimed public school system make it singularly appealing. The number of condos sold dropped 19% year-over-year for the second quarter. The average sales price increased 7% and days on market dropped showing a fast paced sellers’ market. The current average list price for a condo in Brookline is $1,152,038 with 81 active listings. The single family market remains fast moving with low inventory of only 20 homes for sale with an average list price of $4,946,345.
Brookline condos Average price per square foot (Q2) 2019 2020 2021 2022
$705 $747 $751 $804
14
Cambridge Neighborhood Market Trends
Cambridge Neighborhood Statistics Listings Sold
Days on Market
Average Sale Price
Sale to List Price Ratio
Q2 2021
239
36
$1,001,691
103%
Q2 2022
210
24
$1,219,190
110%
Data per MLSPIN
Cambridge is located directly across the Charles River from Boston. It’s home to world famous universities, highly-rated public schools and an immense civic pride in its vibrant cultural scene. The number of condos sold decreased 12% year-overyear for the second quarter. The average sales price jumped 22% and days on market decreased 33%. Our listings in Cambridge are not lasting long! With students and professionals alike heading back to the Cambridge market, we are sure to see a strong end to the Summer market in your neighborhood. 46 Gloucester Street • Boston, MA • 02115 boston.evrealestate.com 617-936-4194
Cambridge condos Average price per square foot (Q2) 2019 2020 2021 2022
$813 $854 $869 $947
15
Cambridge Featured Listing 332 Franklin Street, Unit 600
This beautifully renovated top floor duplex is not to be missed. This sun-splashed corner unit has large windows lining the main living level and features a modern white kitchen open to the dining and living area with expansive city views; and a foyer with coat closet and half bath. The 2nd level or the top floor offers two equally sized bedrooms with generous closet space and a marble full bath. Ideally located in Central Square neighborhood. Steps to the T and the rich cultural and culinary scenes in Cambridge. One garage parking space and a storage unit complete the deal.
16
46 Gloucester Street • Boston, MA • 02115 boston.evrealestate.com 617-936-4194
17
Charlestown Neighborhood Market Trends
Charlestown Neighborhood Statistics Listings Sold
Days on Market
Average Sale Price
Sale to List Price Ratio
Q2 2021 2020
113 58
31 32
$831,234 $867,828
100% 101%
Q2 2022 2021
145 103
79 27
$853,720 $915,888
101% 103%
Data per MLSPIN
Charlestown is steeped in history with brick townhouses in a waterfront neighborhood that is home to the Bunker Hill Monument, the Navy Yard and endless stories of its colorful past. This quarter, the number of condos sold dipped 9%. The average days on market dropped 16%, yet the average sale price increased 6%. Over the past four years the “price per square foot” has remained very steady. We recently listed and sold a fabulous single family in your neighborhood for top price- call for more information!
Charlestown condos Average price per square foot (Q2) 2019
$748
2019 2020
$726$767
2021
$775
2021 2022
$765 $829
18
Jamaica Plain Neighborhood Market Trends
Jamaica Plain Neighborhood Statistics Listings Sold
Days on Market
Average Sale Price
Sale to List Price Ratio
Q2 2021
168
32
$706,652
104%
Q2 2022
145
23
$746,480
106%
Data per MLSPIN
Jamaica Plain is a beloved neighborhood intensely proud of its diverse population and politics with serene green spaces around Jamaica Pond and through the vast Arnold Arboretum and Franklin Park. The number of condos sold decreased 14% year-over-year for the second quarter. Days on market has gone down, as the pace of the market picks up. The average sales price has increased 6% all signs of a strong end to the summer market ahead! Over the past four years the “price per square foot” has remained very steady.
46 Gloucester Street • Boston, MA • 02115 boston.evrealestate.com 617-936-4194
Jamaica Plain condos Average price per square foot (Q2) 2019 2020 2021 2022
$555 $567 $602 $641
19
Medford Neighborhood Market Trends
Medford Neighborhood Statistics Listings Sold
Days on Market
Average Sale Price
Sale to List Price Ratio
Q2 2021
88
36
$604,041
103%
Q2 2022
111
17
$701,520
104%
Data per MLSPIN
Medford is one of Boston’s best kept secrets. It’s just minutes from downtown Boston, filled with fabulous restaurants, shops and bars, plus easy access to public transportation - who knew?! The number of condos sold increased 26% and days on market dropped off significantly in the second quarter. Selling prices are still going over their list price and with an increase of the average sales price of 16%, the market is certainly showing signs of a strong quarter ahead. Over the past four years the “price per square foot” has remained steady with a slight jump in 2022.
Medford condos Average price per square foot (Q2) 2019 2020 2021 2022
$451 $437 $519 $570
20
Midtown Neighborhood Market Trends
Midtown Neighborhood Statistics Listings Sold
Days on Market
Average Sale Price
Sale to List Price Ratio
Q2 2021
28
147
$1,588,750
97%
Q2 2022
29
97
$1,770,914
98%
Data per MLSPIN
Boston’s Midtown is centrally located near Boston Common and driven in part by the many full-service buildings. The average sales price jumped 11% with an average list price currently at $3,175,291 and 53 units on the market for sale. Number of listings sold increased, while days on market decreased. The full service market in the Midtown neighborhood is certainly coming back. Keep an eye out for more information on Midtown’s newest development, The Residences at Winthrop Center.
46 Gloucester Street • Boston, MA • 02115 boston.evrealestate.com 617-936-4194
Midtown condos Average price per square foot (Q2) 2019 2020 2021 2022
$1,151 $1,004 $1,043 $1,200
21
88 Kingston St, Unit 4A Midtown
Tribeca-style loft in a professionally managed, elevator building w/close proximity to Financial District, Seaport, Waterfront, Chinatown and Leather District. Corner unit features oversized windows w/sun all day. Exposed and beam ceilings and gleaming hardwoods reveals open concept living and dining perfect for lounging and entertaining. A stone-topped dining island defines the gorgeous kitchen with premium stainless appliances and sleek cabinetry blending seamlessly with a perfect dining area. The primary bedroom is massive & sundrenched with walk-in custom closet, en-suite bath and sprawling city views. The sizable second bedroom easily fits a King bed and boasts large windows and ample closet space. In-unit laundry and central ac. Amazing proximity to many of Boston’s most celebrated cultural hubs and renowned hospitals such as Tufts and MGH. Excellent commuter options around New England from South Station and major roadways or enjoy the abundant green spaces and bikeways nearby.
22
Newton Neighborhood Market Trends
Newton Neighborhood Statistics Listings Sold
Days on Market
Average Sale Price
Sale to List Price Ratio
Q2 2021
196
29
$1,847,754
103%
Q2 2022
176
18
$1,929,717
108%
Data per MLSPIN
Newton is located just seven miles West of downtown Boston and built around 13 distinct village centers - each with its own character. It’s also home to one of our shops at 77 Union St in Newton Centre- stop by and visit us anytime! With a strong push to move to the suburbs, the number of single family homes dipped 10% year-over-year for the second quarter with lack of inventory still being an issue. In addition, the average sales price of a home increased 4% and is consistently going over the list price. If you have ever considered selling your home in Newton, now is the time! 46 Gloucester Street • Boston, MA • 02115 boston.evrealestate.com 617-936-4194
Newton Single Family Average price per square foot (Q2) 2019 2020 2021 2022
$463 $483 $550 $611
23
Newton Featured Listing 941 Walnut Street
Inspired 2-story addition creates next level living in this lovely Highlands single. Charming Colonial Farmhouse includes a sleek great room perfect for living, casual dining and entertaining spilling onto a glorious deck and rear yard. Incredible open kitchen is literally chef designed with Fisher Paykel 48” 6-burner stove/double ovens, pro-grade exhaust and warm wood cabinetry with stone workspaces. Original layout allows for formal living and dining or excellent home office with private entry. Upper level offers a wonderful primary suite with a luxurious bath and great closet. All three bedrooms are nicely sized and an additional full bath and home office round out this floor. Bonus features include direct entry garage and 1st floor laundry. The yard, complete with a treehouse is beautifully level, ringed in planting areas, a raised bed and is both a gardening and outdoor entertainer’s delight. Great Highlands locale offers shopping, recreation, commuting in Zervas school district.
24
North End Neighborhood Market Trends
North End Neighborhood Statistics Listings Sold
Days on Market
Average Sale Price
Sale to List Price Ratio
Q2 2021
34
47
$698,015
99%
Q2 2022
19
47
$789,395
99%
Data per MLSPIN
The North End is one of Boston’s most historic neighborhoods, famous for its iconic streets and historic figures, architecture and amazing culture and restaurants. The number of listings sold decreased 44% due to lack of inventory. The average sale price increased 13% year-over-year in the second quarter. We’re excited to announce our fourth Engel & Völkers location at 345 Hanover Street is officially open- stop by anytime! We are sure to have some great coffee and pastries on hand at all times.
46 Gloucester Street • Boston, MA • 02115 boston.evrealestate.com 617-936-4194
North End condos Average price per square foot (Q2) 2019 2020 2021 2022
$928 $886 $877 $972
25
Seaport District Neighborhood Market Trends
Seaport District Neighborhood Statistics Listings Sold
Days on Market
Average Sale Price
Sale to List Price Ratio
Q2 2021
56
58
$2,104,970
99%
Q2 2022
37
102
$2,110,630
99%
Data per MLSPIN
The Seaport District is Boston’s newest neighborhood with an influx of vibrant Seaport condos luxury buildings. The number of condos Average price per square foot (Q2) sold remained steady year-over-year in 20 the second quarter. The average sale price 2019 $1,720 did increase slightly. Many units in these luxury buildings are selling, continuing 2020 $1,451 to drive activity in the neighborhood. $1,604 Thanks to luxury buildings, the “price 2021 per square foot” has remained steady 2022 $1,572 over the past few years. The St Regis, joining the neighborhood Winter 2022, will be a wonderful luxurious addition!
26
Somerville Neighborhood Market Trends
Somerville Neighborhood Statistics Listings Sold
Days on Market
Average Sale Price
Sale to List Price Ratio
Q2 2021
206
42
$850,335
103%
Q2 2022
138
33
$894,155
106%
Data per MLSPIN
Somerville offers its proud residents an urban/suburban feel with proximity to downtown Boston and many bars, restaurants, coffee shops and parks. The number of condos sold decreased 33% year-over-year for the second quarter. Days on market decreased and the average sale price increased 5%. Somerville continues to be a highly sought after neighborhood. Over the past four years the “price per square foot” has been steadily increasing. 46 Gloucester Street • Boston, MA • 02115 boston.evrealestate.com 617-936-4194
Somerville condos Average price per square foot (Q2) 2019 2020 2021 2022
$653 $623 $670 $719
27
Somerville Featured Property 255 Beacon Street, Unit 4D
Huge three bedroom duplex in professionally managed, elevator building, 2 garage parking spaces, and multiple private outdoor areas in the most sought after neighborhood of Somerville. Endless opportunity with the floor plan & chance to convert into two units. Enter the first floor into a spectacular, sun drenched living room with large sliding doors that open to a private deck. Pristine white galley kitchen with a large window, gas stove and storage galore. Two large bedrooms and full baths-- modern appeal and clean lines. Primary bedroom is extremely airy, open and serene and has a walk in closet and en-suite bathroom. The upstairs has spectacular cathedral style ceilings with great height and several skylights. A massive family room with beautiful tiles that leads to what has the potential to be made into a huge roof deck. This flexible floor plan has so much to offer. Must See! Easy access to Boston, Cambridge, public transp & restaurants.
28
South End Neighborhood Market Trends
South End Neighborhood Statistics Listings Sold
Days on Market
Average Sale Price
Sale to List Price Ratio
Q2 2021
215
48
$1,136,816
100%
Q2 2022
208
32
$1,384,072
101%
Data per MLSPIN
The South End is one of the most beloved and popular neighborhoods in the City. It’s iconic brick rowhouses were the first in the nation; add a rich social, shopping and dining scene and it’s no wonder there are so many “lifers!” The number of condos sold year-over-year for the second quarter decreased slightly. The average sales price increased 22%. The ratio of sale to list price (this is the amount buyers can expect to pay) increased 1%. In the second quarter of 2022 the average price per square foot increased 11%. There are currently 128 condos on the market with an average list price of $1,479,033. 46 Gloucester Street • Boston, MA • 02115 boston.evrealestate.com 617-936-4194
South End condos Average price per square foot (Q2) 2019
$1,046
2020
$1,040
2021 2022
$1,055 $1,169
29
South End Featured Property 6 Wellington Street, Unit 1
Fabulous 1 bedroom with a huge private patio on highly sought after Wellington St. Open kitchen/ living/ dining area ideal for entertaining leads directly out to a landscaped private patio perfect for summer nights and al-fresco dining. A private entrance is great for easy access in and out of your fabulous home. Hardwood floors, marble fireplace, an oversized pantry/ storage area and in unit washer/ dryer complete this home. The best of the South End is at your doorstep near all the fabulous restaurants, cafes, shopping and greenery that make this locale so special. Easy commute by public transit or bike and proximity to Boston Medical Center. Live your best urban lifestyle amid the beauty, charm and conveniences that create Southenders for life!
30
South Boston Neighborhood Market Trends
South Boston Neighborhood Statistics Listings Sold
Days on Market
Average Sale Price
Sale to List Price Ratio
Q2 2021
254
47
$826,764
99%
Q2 2022
173
36
$881,948
100%
Data per MLSPIN
South Boston is a neighborhood on the move, home to many young professionals and families drawn to the vibrant community and convenient location. The number of condos sold decreased 32% year-over-year for the second quarter. The average sale price increased 7%. With the increase of activity in the neighborhood, the days on market has decreased indicating a fast paced market. Come visit us at our South Boston location anytime- 493 East Broadway!
46 Gloucester Street • Boston, MA • 02115 boston.evrealestate.com 617-936-4194
South Boston condos Average price per square foot (Q2) 2019
$748
2020
$775
2021
$766
2022
$868
31
Boston’s Waterfront Neighborhood Market Trends
Waterfront Neighborhood Statistics Listings Sold
Days on Market
Average Sale Price
Sale to List Price Ratio
Q2 2021
46
93
$1,515,083
97%
Q2 2022
48
63
$2,076,935
98%
Data per MLSPIN
Boston’s Waterfront, beyond it’s salty air and glorious views, has a rich history as well. It’s home to many full service buildings, the Harborwalk, and New England Aquarium. The number of condos sold increased a bit year-overyear for the second quarter. The ratio of sale to list price increased and the average days on market decreased 32%. The average sales price increased a staggering 37% and the price per square foot has remained consistent. With 28 units currently under agreement in the Waterfront and 21 for sale, the market is in full swing.
Waterfront condos Average price per square foot (Q2) 2019 2020 2021 2022
$1,139 $1,039 $1,130 $1,197
32
West End Neighborhood Market Trends
West End Neighborhood Statistics Listings Sold
Days on Market
Average Sale Price
Sale to List Price Ratio
Q2 2021
9
49
$589,522
99%
Q2 2022
14
43
$591,429
100%
Data per MLSPIN
The West End, with its glorious Charles River views and iconic Zakim bridge, sits adjacent to the famed Beacon Hill and has many luxury high-rises. It’s also conveniently located near Mass General Hospital, TD Garden (home of the World Champion Boston Celtics and Bruins) and the Museum of Science. The number of listings sold increased slightly. The average sale price increased showing signs of a strong market ahead for the neighborhood. There are currently 14 condos on the market with an average list price of $550,579 and 3 under agreement.
46 Gloucester Street • Boston, MA • 02115 boston.evrealestate.com 617-936-4194
West End condos Average price per square foot (Q2) 2019 2020 2021 2022
$634 $635 $633 $688
33
West End Featured Property 2 Hawthorne Place, Unit 12K
Rarely available and highly functional sunlit studio with private open balcony set against skyline views. A wall of windows and pass through bring an abundance of light and air throughout the unit. Generously sized living/sleeping area is efficiently configured with plenty of space for lounging, working and semi-private sleeping with direct access to an oversized balcony for relaxation and dining al fresco. Lovely kitchen is fully applianced with good storage and stone topped workspaces. Sleek white bath with full tub/shower and marble-topped vanity. Excellent closets with bonus dressing area! Best of urban convenience amid beautifully landscaped grounds for languid leisure among the greenery and flowers. Excellent shopping, dining and indoor and outdoor recreation all at your doorstep with amazing commuter options by bicycle, rail, auto and MGH Shuttles. This is the perfect intown haven adjacent to historic Beacon Hill and the cultural hubs at the heart of Boston living.
34
Global marketing support
Engel & Völkers Fully dedicated team of experts We’re everywhere you want to be. Engel & Völkers manages a global marketing
Engel & Völkers marketing strategies and offerings
infrastructure out of our corporate headquarters
are rooted in data and research for optimal results
in Hamburg, Germany that supports our shops
--- at every level. By identifying the unique qualities of
and advisors worldwide. This support adds to the
a property and placing it in the context of current and
targeted marketing strategies delivered by our
trending market conditions, we then identify target
Americas headquarters in Manhattan to support the
market groups and create campaigns to provide
local markets served by our Engel & Völkers advisors.
maximum exposure of the property alongside
Each local shop then leverages the brands national
messaging and branding to attract the most qualified
and international resources and reach through its
buyers. Our creative approach is also backed by
dedicated marketing specialist who works with
consumer data and testing to ensure we highlight
each advisor to create customized, multi- channel
your property in the best light.
campaigns for each property we market.
46 Gloucester Street • Boston, MA • 02115 boston.evrealestate.com 617-936-4194
35
The world deserves to see it. You deserve to sell it. Smart marketing. Extensive exposure.
Giving you the EDGE. Global reach with boutique style is what you can expect when working with an Engel & Völkers advisor here and around the world. Providing unprecedented reach of your property, Engel & Völkers offers the exclusive EDGE (Extensive Domestic & Global Exposure) platform designed to maximize online exposure of your listing to qualified buyers worldwide via a suite of highly trusted and strategic online and mobile marketing partners. But we don’t stop there. With a global network of more than 11,000 real estate professionals in more than 30 countries, we not only reach millions of consumers, but are able to collaborate with our fellow Engel & Völkers advisors to strategically handpick and refer buyers for the specific properties they seek … like yours. Let us provide the EDGE you need to sell your home and begin your next adventure.
36
Support our Local Restaurants and Businesses Eva 279A Newbury St, Boston 02115 Eva means full of life. It is also the initials to the owner’s children, Elias & Vivian Aboujaoude, who are my life. Eva is a space designed to be welcoming and bright, a place for great food, refreshing cocktails and lively conversation. All while sitting back to enjoy and observe the hustle & bustle of beautiful, historic Newbury Street from one of the largest outdoor patios. Miznon 107 Seaport Blvd, Boston 02210 Miznon in Seaport offers a menu of pitas and plates crafted by Israeli Chef Eyal Shani. Try their Folded Cheese Burger which was voted the best burger in New York City and Fish ‘N’ Chips created especially for the Boston location. Utilizing fresh and seasonally inspired ingredients to create a new kind of Israeli street food, Miznon’s Seaport menu will feature a variety of meat, poultry, fish and vegetarian options including several inventive pitas that are a must try. Faccia Brutta 278 Newbury St, Boston 02116 Faccia Brutta is the new coastal Italian restaurant from award-winning chefs and restaurateurs Ken Oringer and Jamie Bissonnette. Led by Exec chef Brian Rae, the restaurant focuses on seasonal dishes highlighting the diverse cuisine of the coastal Italian region, drawing inspiration from their travels across Liguria, Sicily, Sardinia, & more. Located below Faccia Brutta is a natural wine bar called Bar Pallino. Fomu Allston, Jamaica Plain, South End, Fenway We believe that the best things are made with a lot of consideration. That started with our ice cream, and now includes our baked goods, toppings, and novelties. You can rest assured that all of our products start with premium, natural, plant-based, kosher ingredients. Small batch & from scratch ice cream, cakes, smoothies & baked goods. Local Focus. All Natural. Plant-based. GF options. Kosher. Boston’s Best! Good Vibes. 46 Gloucester Street • Boston, MA • 02115 boston.evrealestate.com 617-936-4194
Special Olympics
37
Engel & Völkers is a proud champion of Special
Engel & Völkers Cares brokerages and together across time zones
Olympics, specifically focused on creating more
borders—it’s a common good that unites us. Every
inclusive communities through its Athlete Leadership
hour given, every dollar donated, every kind word
and Play Unified programs. We are committed to
spoken and every door opened creates opportunities
Engel & Völkers Cares
Special Olympics
giving back to and investing in the neighborhoods
for those who need it most. We believe that in order
Engel & Völkers is a proud champion of Special
brokerages and together across time zones and
in whichinclusive we live,communities we play and we raise our Leadership families. through its Athlete
hour given, every dollar donated, every kind word
our clients desirespecifically because these the places Olympics, focusedtoo on are creating more and Play Unified programs. We are committed to back to and investing in the neighborhoods Special giving Olympics athletes contribute to our story. our clients desire because these too are the places
From them we learn, we think differently and realize
to lead, we must empower to Every do the same. borders—it’s a common good that others unites us. spoken every opened creates opportunities Ask and how ourdoor shop specifically contributes to this for those who need it most. We believe that in order
amazing cause.
to lead, we must empower others to do the same.
in which we live, we play and we raise our families.
what we can accomplish as individuals, as local Special Olympics athletes contribute to our story. From them we learn, we think differently and realize what we can accomplish as individuals, as local
and
Ask how our shop specifically contributes to this amazing cause.
38
Meridian Realty Group Full Service Property Management Selling pretty properties isn’t our only goal. Keeping them pretty is part of our service.
24/7 Full Service Property Management Division
As part of Engel & Völkers’ service, we offer 24/7, full service property management through our sister company, Meridian Realty Group (MRG). Meridian offers wide ranging resources providing hands-on management for owners, investors, residents and their properties. We specialize in associations from three to 100+ units. State-of-the-art management and property accounting systems are in place to electronically pay condo fees, submit work orders, track rental activity for multi-family owners, and provide online access to building documents and monthly financials. We work closely with associations, condominium boards, and single and multi-family owners to establish and implement policies that will enhance quality and property values. Meridian Realty Group utilizes a unique team approach providing comprehensive residential and multi-family property management services. Our senior principals have over 100 years of combined experience in property management; creating programs and services tailored for each individual client. Email us today for a free on-site consultation at info@mrgproperty.com
46 Gloucester Street • Boston, MA • 02115 boston.evrealestate.com 617-936-4194
39
Condo Maintenance Guide Preventive maintenance is the regular inspection and repair of equipment and facilities to prevent extensive, costly damage from occurring over time. Preventive maintenance can go a long way toward reducing the overall cost of your condominiums, as large expenditures for repairs and replacements can often be avoided by a careful attention to detail. Following a thorough condominium preventive maintenance checklist can help you to increase the attractiveness of your property. Landscaping Landscaping not only adds value, but can increase the enjoyment of your home. Whether it be in the common or private areas of your association, picking the right plantings and materials is important to maximize enjoyment for all. Building Overview Now is a great time to make your front entrance welcoming. Whether it is a fresh coat of paint or a new set of planters, it’s the small inexpensive things that can make a world of difference. Don’t forget to review your vendors from last year. Were you happy with the snow removal, leak repairs, heating, management company responsiveness, etc.? If not, make a couple of calls to see who else might better fit your needs. Inspections Perform regular inspections on all equipment and facilities that are subject to damage or normal wear and tear. Inspect such things as roofs, insulation, ventilation systems and appliances to ensure that they are operating safely and efficiently. Cleaning Stick to a regular cleaning schedule for fixtures such as air ducts and exterior siding to ensure that dirt, mildew and other buildup does not cause any damage. Clean and replace filters in heating and air conditioning units, as well as appliances such as washing machines and dryers, to prevent fire damage. New or cleaned filters also help to keep electricity costs down, as the appliances can operate more efficiently with an unrestricted flow of air. Pest Control Bring pest control specialists into your condominiums at least once per year. Common pests can increase their populations rapidly and can quickly infest an entire property, causing extensive damage to interiors and electrical infrastructure. Act proactively to ensure that pests do not gain a foothold in your properties, and respond quickly to any pest complaints. Testing Test emergency equipment such as sprinkler systems, smoke alarms and fire extinguishers to ensure that they remain in working order. Properly maintained safety equipment can prevent a small mishap from becoming a major disaster. Fire escapes need to be certified every 5 years per the Commonwealth of Massachusetts. Elevators need state inspections on a scheduled basis. Sealants Reapply all sealants before a problem occurs. Sealants on steps, decks, bricks, exterior paint and window caulking can corrode over time, exposing your property to the risk of internal damage. Keeping on top of these items not only helps to keep your structure strong, it can also cut down on energy, assessments, and repair bills in the future.
CRAFTING BESPOKE HOMEBUYING EXPERIENCES IN BOSTON.
WE ARE ENGEL & VÖLKERS. It’s an exciting time in the real estate market in Boston. Jayne is an International Real Estate Advisor with Engel & Völkers Boston, part of a premium global network of real estate professionals. As a Real Estate Advisor, Jayne has worked with clients from ages 19-95. She is detail oriented and takes an analytical approach to real estate through extensive research to give sellers and buyers relevant data in order to make the right decision whether they are first-time home buyers or long-time investors. She has substantial experience in home renovations and historic restoration, having completed multiple projects. Jayne has a reputation as a tough negotiator, and has worked closely with landlords, asset managers, building engineers, insurance consultants, lease administrators, home inspectors, attorneys, and mortgage brokers. Learn more at jaynekramer.com Jayne D. Kramer - Engel & Völkers Boston International Real Estate Advisor I Associate Broker 46 Gloucester Street Boston, MA 02115 Mobile: 617.266.6006 jayne.kramer@evrealestate.com
©2019 Engel & Völkers. All rights reserved. Each brokerage independently owned and operated. Engel & Völkers and its independent License Partners are Equal Opportunity Employers and fully support the principles of the Fair Housing Act.
VISIT US ONLINE OR AT ONE OF OUR SHOPS Engel & Völkers Engel & Völkers Engel & Völkers Engel & Völkers Back Bay North End/ Waterfront Newton S. Boston/ Seaport 46 Gloucester Street 345 Hanover Street 77 Union Street 493 E. Broadway Boston, MA 02115 Boston, MA 02113 Newton, MA 02459 Boston, MA 02127
617-936-4194
617-936-4194 857-297-2000 617-294-1103