SOUTH BOSTON
PRESENTED BY JACKIE ROONEY Your South Boston Real Estate Specialist
MARKET REPORT EASTSIDE
CONDOMINIUM
FRIENDS
NEIGHBORS
FOR APRIL REVIEW 2024
FUTURE
AND
PREPARED ESPECIALLY
NORMAN CRUMP
SOUTH BOSTON
SOUTH BOSTON – EASTSIDE CONDOS SOLD IN APRIL
CONDOMINIUM MARKET REPORT Jackie Rooney and Rooney Real Estate, LLC are not in any way affiliated with South Boston - Eastside Home Owners Association, nor is this in any way an official advertisement or publication of South Boston - Eastside. © 2024 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the MLSPIN between April 1st and April 30th, 2024. Listings and sales may not be those of Rooney Real Estate, LLC. The MLSPIN does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Estimated square feet rounded down to nearest hundred.
STATUS ADDRESS BEDS BATHS SQUARE FEET* SOLD PRICE PER SQ. FT. SOLD PRICE SOLD DATE Sold 33 Lennon Court #31 1 1.0 600 $836 $468,000 04/30/24 Sold 734 East Second Street #3 2 1.1 900 $855 $775,000 04/30/24 Sold 1 Leonard Place #3 2 2.0 1,200 $795 $925,000 04/26/24 Sold 880 East Second Street #1 1 1.0 700 $805 $530,000 04/24/24 Sold 847 East Fourth Street #3 1 1.0 600 $929 $568,300 04/24/24 Sold 169 M Street #3 2 2.0 1,200 $753 $875,000 04/22/24 Sold 191 L Street #2 2 1.0 900 $744 $675,000 04/18/24 Sold 637 East First Street #106 2 2.0 1,300 $772 $980,000 04/18/24 Sold 406 East Third Street #1 2 2.1 1,600 $649 $1,035,000 04/18/24 Sold 52 O Street #3 2 2.0 1,000 $795 $755,000 04/16/24 Sold 580 East Broadway #4 2 2.0 1,000 $844 $824,900 04/12/24 Sold 765 East Third #406 2 2.0 1,000 $935 $961,500 04/11/24 Sold 613 East Sixth Street #3 2 2.0 1,600 $779 $1,250,000 04/11/24 Sold 572 East Broadway #1 2 1.0 900 $790 $685,000 04/08/24 Sold 519 East Second Street #302 3 2.0 1,500 $774 $1,125,000 04/08/24 Sold 808 East Third Street #1 2 2.0 1,000 $711 $715,000 04/05/24 Sold 551 East Sixth Street #2 3 2.0 1,200 $722 $870,000 04/05/24 Sold 765 East Third #302 2 2.0 1,100 $1024 $1,100,000 04/05/24 Sold 3 Telegraph Street #1 2 2.0 1,400 $662 $895,000 04/04/24 Sold 349 Silver Street #1 2 1.0 1,100 $708 $767,500 04/02/24 Sold 519 East Second Street #304 2 1.1 800 $1013 $839,000 04/02/24 Sold 560 East Fifth Street Ch 2 2.0 1,300 $889 $1,150,000 04/02/24 Sold 681 East Eighth Street #1 2 1.0 800 $804 $609,000 04/01/24 Sold 556 East Fifth Street #1 2 1.0 1,300 $557 $735,000 04/01/24 Sold 8 Covington Street #1 3 2.0 1,800 $666 $1,190,000 04/01/24 THERE WERE 25 CONDOS THAT WENT PENDING IN APRIL. For more information about any of these condos, contact me today at 617.645.5370
SOUTH BOSTON – EASTSIDE CONDOS LISTED IN APRIL STATUS ADDRESS BEDS BATHS SQUARE FEET* LIST PRICE Active 581 East Broadway #1 4 3.0 2,000 $1,595,000 Active 515 East 1st Street #3 2 2.1 1,400 $1,169,000 Active 142 P Street #2 3 3.1 2,400 $2,149,000 Active 571 East Broadway #1 1 1.0 600 $529,900 Active 8 Mercer Street #2 3 2.0 1,500 $1,245,000 (5
24
showing) Info@Rooney-Re.com REALTOR ® & NEIGHBOR Jackie Rooney 617.645.5370
Than
Neighborhood
36 years + Over $1 Billion in Sales
of
currently
More
36 Years As Your
Realtor
Future Friends and Neighbors,
Scan and receive the most accurate assessment of your condo's value, provided to you as a complimentary service by Jackie Rooney, your real estate specialist. You will not be contacted with any other solicitation.
Condos Sold 25 Average Days On Market (Solds) 81 Average Sale Price
$852,128 Average Sold Price Per Square Foot $793
This map is a visual representation of the data on the opposing page. The data and corresponding location pins are deemed to be accurate but not guaranteed. Some location pins may not be visible and/or updated with the latest location data.
PENDING SOLD ACTIVE © 2024 Google APRIL
SCAN HERE TO LEARN
ACTIVITY IN SOUTH BOSTON - EASTSIDE
MORE
Recent headlines may leave you wondering what’s next for mortgage rates. With experts predicting rate drops along with smaller rate hikes in the first quarter, the status of future rate activity has been unclear. Here’s what you need to know and why it’s the perfect time to sell.
RATES ARE STILL EXPECTED TO DROP.
While it hasn’t happened yet, that doesn’t mean they won’t. Jerome Powell, Chair of the Fed, says they still plan to make cuts this year, assuming inflation cools. When this happens, history shows rates will likely follow.
SHOULD YOU WAIT FOR RATES TO DROP TO SELL?
Mortgage rates are notoriously hard to forecast as so many factors are at play, and any one of those can change the projections. Low inventory means the market is perfect for sellers to take advantage of higher sales prices.
WHAT ABOUT LOCKING IN A HIGHER RATE ON MY DREAM HOME?
A common strategy in a changing market is “marry the home, date the rate,” meaning you can always work with your lender to develop a financial plan that meets your goals. Don’t let that dream property get away!
Future Friends and Neighbors, If you’ve thought about selling, let’s connect so that I can help you leverage the current market in your favor, and help you achieve your real estate goals. Call me at 617.645.5370.
Info@Rooney-Re.com REALTOR ® & NEIGHBOR Jackie Rooney 617.645.5370 Published by REAL Marketing (RM) www.REALMarketing4You.com | 858.952.4280 | © 2024 700 East Broadway South Boston, MA 02127 luxury TO LEARN MORE, VISIT ROONEY-RE.COM Luxury Home Marketing Specialist
Why You Should Sell Now! Upgraded, Spacious Bi-Level Condo
Shifting Mortgage Rates:
Whether you’re looking for an investment property or looking to relocate, upsize, or downsize, I can help achieve your goals. 87 OLD HARBOR STREET #1 4 Beds | 2 Baths | 1,966 Est. Sq. Ft | Offered at $999,000 Gas Fireplace | Composite Decking Refinished Hardwood Floors | Open Floor Plan Near Carson Beach | New Stainless Steel Appliances
LISTED BY JACKIE ROONEY