in sight South End The South End’s only village real estate report
SUMMER 2010
Market surges to four year high The South End market is booming. In fact, with 37% more sales and prices up 8% over Quarter 2 last year, the South End just had its strongest 2nd quarter since 2007. Why? As buyers came back to the market, sellers rushed to meet demand but fell short – 4% fewer listings came on market this quarter. With some listings sold in as little as one day, we saw many disappointed buyers who never had a chance to bid. Median South End sale prices
Total number of South End sales
Visit us: InRealtyInc.com Call us: 617-265-3500
Dorchester | South End | South Boston | Jamaica Plain | Roslindale | Representing all of Greater Boston
One neighborhood, fourteen villages. “The Golden Triangle” Fronting the Back Bay, this area features some of the highest values in the South End. In addition to brownstones, the housing stock includes some of the South End’s most luxurious new developments.
“SoWa” Quarterly snapshot: Sales:
38 closed
Highest: $2,000,000 Lowest:
$275,900
Average:
$819,702
“Columbus North” The streets and housing stock in this village closely mimic those in the Back Bay, with several single family homes nestled among converted condominium brownstones.
“South End Central” The name says it all. This is the heart of the South End, with brick-lined streets and a large collection of quintessential Victorian South End brownstones.
Sales:
1 closed
Highest:
$950,000
Lowest:
$950,000
Average:
$950,000
This village features direct access to the bustle of Tremont Street’s Restaurant Row, but on quiet, brick-lined streets. Boston Magazine named Waltham Street one of the best streets to live in the state.
Quarterly snapshot:
This area features some of the best values in the South End. In addition to a great place to live, the medical students and staff provide a steady pool of renters to investors.
Quarterly snapshot:
Sales:
17 closed
Highest: $1,975,000 Lowest:
$325,000
Average:
$770,103
Sales:
35 closed
Highest: $2,725,000 Lowest:
$160,000
Average:
$789,040
“Easties” Quarterly snapshot: Sales:
7 closed
Highest: $1,687,500 Lowest:
$425,000
Average:
$762,093
“The Squares”
Quarterly snapshot: Sales: Lowest:
$220,500
Average:
$726,214
Quarterly snapshot: Sales:
This village is home to the South End’s most historic parks – Worcester, Blackstone and Franklin Squares. The Penmark is a new luxury development that has helped to redefine this historic area.
34 closed
Q2 Average Values by Village
Highest: $2,500,000
“South End South” Similar to South End Central, this is a stable area with potential for long-term growth. The housing stock here provides greater value to buyers and more investment opportunities.
Quarterly snapshot:
“Eight Streets” Quarterly snapshot:
“Columbus South” This village is similar to the look and feel of the neighboring streets to the north, yet offers buyers better value for their money.
One of Boston’s greatest urban success stories, the lively and eclectic SoWa loft district arose from a sea of under-utilized and vacant warehouse buildings.
34 closed
Highest: $1,537,500 Lowest:
$280,000
Average:
$574,293
The South End isn’t one homogeneous neighborhood – it’s a collection of distinct and unique urban villages. That’s why our proprietary Intra-market Reporting is different than typical real estate reports.
Sales:
4 closed
Highest:
$655,000
Lowest:
$379,000
Average:
$506,125
Quarterly snapshot: Sales:
16 closed
Highest: $1,300,000 Lowest:
$354,000
Average:
$647,719
“The Bookend”
We look inside each market to uncover the nano-trends that escape broader analysis. Our agents study buyer patterns within the South End and cross-check these trends with quarterly sales data.
Visit us: InRealtyInc.com Call us: 617-265-3500
This village stretches along the southwestern edge of Massachusetts Avenue. Handsome brownstones and larger, Victorian-era apartment houses offer investors and buyers some of the best values in the South End.
Quarterly snapshot: Sales:
5 closed
Highest:
$479,000
Lowest:
$285,000
Average:
$374,500
Castle Square, Villa Victoria, Cathedral and the Boston Medical Center campus do not offer for-sale housing options.
Dorchester | South End | South Boston | Jamaica Plain | Roslindale | Representing all of Greater Boston Reporting on sales from April 1st – June 30th
Printed on recycled paper.
More for the South End.
At In Realty, we’ve built our success by offering more services, embracing new technology and providing market-leading knowledge and insight. In a market crowded with nationally branded sales mills, our local, boutique approach to customer service is as unique as the South End itself. More For Sellers
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- Cash back at closing - Intra-market statistics - Paperless transactions - Design consultation
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Free in-house staging Credit card payments Professional photos Enhanced online listings
Online Reporting Guaranteed postings Enhanced listings Award-winning staff 24-hour on-call service
Visit us: InRealtyInc.com Call us: 617-265-3500
Dorchester | South End | South Boston | Jamaica Plain | Roslindale | Representing all of Greater Boston
More knowledge. Meet the South End Intra-market Reporting team: Justin Green, Owner & Broker
Chris Poulos, Director of Boston Sales
Justin is one of Boston’s leading real estate agents, widely recognized for his use of new technologies and services to assist his clients. Boston Magazine recently named him one of Boston’s Top Ten “Power Brokers.”
Nadine Fallon, Statistical Analyst/Broker
Over a decade, Chris has sold more than $85M of real estate and averaged 30+ transactions per year, making him one of the city’s top agents. With this experience, he now leads others as our Director of Boston Sales.
Prior to her real estate career, Nadine analyzed raw data at a Fortune 500 firm to uncover and report sales trends. Today, she uses her statistical skills to create our Intra-market Reports throughout Greater Boston.
Ed Desilets
Dave Gaviglio
Jamie Iacoi
Brian Leverone
Lauren McNeil
Mike Panagako
Eric Gaudet
JP/Roslindale Manager
Sales & Rentals
Sales & Rentals
Director of Property Management
Rentals
Marketing Director
Rentals