In the last two weeks, five units at the tony One Charles condo, just due south of the Common, have chopped their tags, one by six digits. First, on April 27, 1,571-square-foot 2-BR, 2-BA knocked $30,000 off its price, down to $1,395,000. It last sold in September 2006 for $1,250,000. Then, on May 3, a 2-BR, 2.5-BA running to 1,460 square feet cut its price by $60,000 to $1,535,000. It last traded in September 2010 for $1,200,000. Then, on May 8, another 2-BR, 2-BA, but this time 1,554 square feet, slashed its price $76,000 to $1,399,000. It last traded in July 2005 for $1,310,000.
Then—then!—the next day, a third unit in the building, this one also a 2-BR, 2-BA and with 1,571 square feet, sliced its price by $30,000 to $1,455,000. It last traded in May 2006 for $1,340,000. Finally, on May 10, Friday, came the whopper: a 2-BR, 2.5-BA, 1,989-square-foot spread drop-kicked (we're out of verbs) its price by $100,000 to $1,650,000. This puppy last traded in June 2006 for $1,700,000, interestingly enough.
· Listings: One Charles Boston
· Our PriceChopper archive [Curbed Boston]