To realize now that a lot of Hub homes are going for at or over their asking prices is to have recently emerged from a hole in the ground. For many months, homes have been going for thousands, tens of thousands, hundreds of thousands (even the odd million-plus) above and beyond what sellers want. Every now and then, though, a trade drives home just how frenzied this trend has become.
The listing for this Boo Radley-esque number was quite frank: "Ready for a renovation! Loads of parking!... 10,000 square foot lot... Bring us an offer!" It's basically a functional 4-BR house dating from the 1880s, with a particularly choice location and lots of (poorly maintained, it looks like) space. Still, that's enough in today's market: Listed for $1,900,000 in March, 48 Garden Street closed a week ago for $2,100,000. Rainy days always get us down, too.
· The Over-Under for Boston's June Condo Market [Curbed Boston]
· 79 Coolidge Went for Even More Than $376K Over-Ask [Curbed Boston]
· This Cambridge Home Received an Over-Ask Offer for the Ages [Curbed Boston]
· Our Big Deals archive [Curbed Boston]