Boston’s Busiest and Most Sure-Fired Sale Addresses

David Bates / December 6, 2012-6:00 pm

Recently, I reviewed the listing and sales activity of “The Curbed 76,” the city’s top condo buildings. I looked at  the previous 12-months and concerned myself with listings that had come off the market and either sold or failed to sell. I paid no attention to listings that were on the market or under agreement. Nonetheless, what I discovered were some of Boston’s busiest condominium listing addresses as well as a few of Boston’s most sure-fire sale addresses.

Check it out.

Busiest Addresses:

  1. 110 Stuart Street, Back Bay – The W – 46 Listings/33 Sales – 72%  Sales Ratio : Described in the listings as an  “iconic glass tower and Boston’s newest premier residential address” this development–which fought off bankruptcy–offers hotel services.
  2. 42 Eighth Street, Charlestown Navy Yard –Parris Landing — 44 Listing/34  Sales – 77% Sales Ratio: Developed in 2005, the re-invented Navy Yard building featured designs by famed Phillip Starck and offered buyers the opportunity to do customize their finishes.
  3.  141 Dorchester, Seaport District –The Macallen building– 43 Listings/35 Sales – 81% Sales Ratio: Perhaps, the most visible and distinctive looking modern development in Boston  became the city’s first “green” residential building when it was completed in 2007.
  4.  45 Province, Beacon Hill/Midtown – 33 Listing – 30 Sales – 91% Sales Ratio: This 137 unit development came to market in 2009 and was described in the original listings as “Boston’s most vibrant and elegant urban community.”
  5. 85 East India, Waterfront – Harbor Towers –  30 Listings – 24 Sales – 80% Sales Ratio: One of Boston’s most loved, hated and assessed addresses. (note: 65 East India the other tower which comprises Harbor Towers had an additional 14 listings and 11 sales).

Most Reliable Sale Addresses:

  1. 8 Whittier Place, West End – 12 Listings/12 Sales  — 100% Sales Ratio: Best known for Boston’s most memorable real estate marketing phrase: “If you lived here, you’d be home now,” the high sale for the previous 12 months,–a renovated 2BR/2BA on the 19th floor– sold for $574,500 in April.
  2. 9 Hawthorne Place, West End – 9 Listings /9 Sales  — 100% Sales Ratio: Located walking distance to  MGH, Government Center, and the Financial District, the Charles River Esplanade, the building sold large studios (636 sf) , oversized one bedrooms (879-941 SF), and ample sized 2BR/2BA units, all at  a modest average of $415 a square foot.
  3. 285 Columbus Avenue, Back Bay  – 8 Listings/8 Sales – 100% Sales Ratio: Located near the Back Bay/South End line, loft style units with “European inspired design.” In the last 12 months, seven two beds sold. The first two to close took over a year of market time to find buyers, none the last five sales however needed more than 54 days to do the same.
  4. 505 Tremont, South End – Atelier 505 —  8 Listings/ 8 Sales — 100% Sales Ratio: Designed by world renowned architects, this building is one of the most prestigious in the South End. A “trapezoidal shaped 2+ bedroom” recently closed for over $1.4 million.
  5. 300 Boylston, Back Bay – Heritage on the Garden- 4 Listings/ 4 Sales — 100% Sales Ratio: Built in 1988, many of the condominiums in this full-service building overlook the public garden; a rear facing studio which didn’t have such idyllic views sold in May for the asking price of $759,000.

(Listing and Sale Source: Analysis of Greater Boston MLSPIN SOLD, CAN, EXP, and WDN categoriesd between the dates 11/27/11-11/26/12)