'Tis becoming a bona fide trend in Boston real estate: Luxury properties trading only after sharp pre-closing price-chops. The latest case in point? Unit 28B at the uber-influential Ritz-Carlton. The renovated 3-BR, 3.5-BA, which comes with two valet parking spaces, hit the sales market in early April for $4,150,000. The price for Unit 28B dropped by $25K shortly after the listing's debut and then by a further $125K right before a deal for it closed on Tuesday. The final going tag for the 2,667-square-foot spread was an even $4,000,000. It's almost like the Boston housing market is finally cooling, eh?
· The Tower That Hopes to Remake Downtown Crossing [Curbed Boston]
· Are Big Price-Drops a New Trend in Boston's Luxury Sales? [Curbed Boston]
· 3 Signs Greater Boston's Housing Market Is Actually Cooling [Curbed Boston]
· Our Big Deals archive [Curbed Boston]