'Tis no secret that condos are going fast at the under-construction Sepia Boston, the 83-unit luxury condo accoutrement to the massive Ink Block project in the South End. Most of the evidence of brisk sales, however, has come one fantastically fast trade at a time or via anecdote. We now have some harder statistics to go by, thanks to some information tucked in a Bloomberg News report on hot condo markets throughout the nation.
According to Sepia developer National Development, half of the units have already sold, though the complex won't be ready until 2015. Asking prices have ranged from $459,000 to more than $2 million (h/t David Bates). Stay tuned for closing tags.
· Condo Towers Rise From Boston to L.A. in U.S. Rebound [Curbed Boston]
· Hey, Something Big Could Be Built in the South End! [Curbed Boston]
· It Took Fewer Than Six Days to Sell a Sepia Penthouse [Curbed Boston]
· Our Speed Demons archive [Curbed Boston]