Condos Over Houses in Boston

English: The en:Skinny House in the North End ...

English: The en:Skinny House in the North End of Boston is an extremely narrow four-story spite house reported by the Boston Globe as having the “uncontested distinction of being the narrowest house in Boston”. Source: March 2008 photo by John Stephen Dwyer. (Photo credit: Wikipedia)

The Boston Globe recently acknowledged what many in Massachusetts already know. Condominiums are the superior choice over a home.

No backyards, no garages, no privacy what many would call the American dream. Instead Bostonians are opting for convenience and location. No yard work means more time to play, or work.

According to the Globe:

Condo prices this year increased 13 percent through the first five months of the year, compared with a 6 percent increase for single-family homes, according to the Warren Group, a Boston firm that tracks real estate.Statewide, sales of single-family homes declined almost 4 percent, compared with the same period in 2013, while condo sales rose 9 percent.

In downtown Boston, average price per square foot of $728 set a record in the second quarter, the Boston data firm LINK reported, 12 percent higher than the same period last year.

And the average square-foot price for luxury units, which include concierge services and other amenities, rose nearly 15 percent, to $1,188.

boston median sales prices

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MAXWELL@BOSTONLUXE.COM • CELL: (617) 543-7754 • OFFICE: (617) 267-4600 Maxwell Burke began his real estate career nearly 20 years ago doing appraisals with his father in Southern California and Northern Texas. He grew up in a family environment so oriented towards investment and real estate that to call his upbringing entrepreneurial would be a disservice. From his grandfather's multiple developments ranging from British Columbia down into Southern Mexico to his uncle's holdings in Portland, Oregon, Maxwell has been given a view not just of Boston real estate, but of American real estate. Maxwell and Drew Abysalh met in 2009 and increasingly consolidated their business models together culminating in their partnership in 2011. With over 300 real estate deals under his belt ranging from a standard rental to a $1.5 million condo conversion, Maxwell is a tremendous resource to help you realize your real estate dreams. Welcome to Boston Luxe - it's a pleasure to meet you. Google