'Tis no secret that Boston condos can sell fast—as in days, maybe hours. Two recent deals—one in Back Bay, one in Southie—illustrate this market reality starkly. The Back Bay one was for Unit 2B at 100 Beacon Street. A 3-BR, 2.5-BA spreading over 1,959 square feet, it went on the market on Jan. 22 for $2,150,000. By Jan. 23, it had a buyer. Yup, 24 hours, give or take.
The other condo, a 1-BR, 2-BA at 9 West Broadway (one of the Curbed Boston 76!), also traded in a day. The 1,167-square-foot Unit 310 went on the market on Jan. 22, and had a buyer on Jan. 23. Both this and the 100 Beacon condo were listed by William Montero of Warren Residential.
Now, a couple of caveats: Until the deals actually close, we're not sure of the final prices; and the MLS officially lists both as having traded in three days, not one. Still, that's faster than the shift in the Vegas line against the 49ers last night. Pretty damn fast.
· Michael Phelps and Boston Condos: They Move Fast [Curbed Boston]
· The Curbed Boston 76: the City's Top Condo Buildings [Curbed Boston]