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Market Updates

Davis Square Lofts, Somerville Market Update: March 2012

FIVE lofts just hit the market at Davis Square Lofts, Somerville this week! Here's a quick snapshot of what's currently on the market: On the Market: $539,000 (Under Agreement) 1 Bedroom / 1 Bath / 1175 Square Feet / 1 Outdoor Parking Space $565,000 (more info) 1 Bedroom / 1 Bath / 1175 Square Feet / 1 Outdoor Parking Space $575,000 (more info) 1 Bedroom / 1 Bath / 1025 Square Feet / 1 Outdoor Parking Space $650,000 (more info) 2 Bedrooms / 1 Bath / 1350 Square Feet / 1 Outdoor Parking Space $750,000 (more info) 2 Bedrooms / 2 Baths / 1314 Square Feet / 1 Outdoor Parking Space $750,000 (more info) 1 Bedroom / 1 Bath / 1054 Square Feet / 1 Garage Parking Space $829,000 (more info) 2 Bedroom / 2 Baths / 1948 Square Feet / 2 Outdoor Parking Spaces $1,400,000 (more info) 2 Bedrooms / 2 Baths / 3410 Square Feet / 2 Garage Parking Spaces
for more information about Davis Square Lofts: www.DavisSquareLoft.com

Almost on Market Loft: Amazing Price and Value

I just visited a just-renovated loft: 855 Square Foot, 2 large Bedroom, 2 Full Bath, 2 Levels, Gorgeous Kitchen, new dark wood floors, high ceilings, exposed beams / wood ceiling, great closet space, extra storage, spiral staircase, factory-sized windows, master suite, fresh paint, incredible natural light, Chelsea Waterfront location. This Loft will be hitting the market this week, but I can preview it to any interested parties ASAP! (oh yeah: it will be priced under $200,000!!) Location: Chelsea MA Contact Paul: 617-694-0004
Chelsea Renovated Loft

Newly Renovated Chelsea Loft

Chelsea Loft Kitchen

Newly Renovated Chelsea Loft

My Sold Lofts in Boston Area for February 2012

A round-up of the few amazing lofts I was where I was fortunate enough to represent fantastic buyer clients this month: 456 West Fourth Street in South Boston: Hook and Ladder Lofts Sale Price: $509,000
Hook and Ladder Lofts

Gorgeous FireHouse Loft at Hook and Ladder, South Boston

1 Fitchburg Street in Somerville: Brickbotttom Artist Lofts Sale Price: $360,000
Brickbottom Lofts Sold

Gorgeous FireHouse Loft at Hook and Ladder, South Boston

320 West Second Street in South Boston: Foundry Lofts Sale Price: $472,500
Foundry Lofts Penthouse

Gorgeous FireHouse Loft at Hook and Ladder, South Boston

Davis Square Lofts Market Update 2012

Davis Square Lofts Market Update 2012 Davis Square Lofts is home to one of the Boston areas most unique and sought-after loft communities. Located in Davis Square, Somerville, the seven buildings consist of a combination of inspired & stylish converted factory and new construction units that have been thoughtfully constructed with environmentally responsibility in mind. Davis Square Lofts enjoys professional property management, gorgeous common courtyards, incredible location - steps to the Minuteman Bikeway & Davis Square, eclectic mix of residents, garage & outdoor parking, and a vibrant community. Below is an updated market report for the buildings sales*: On the Market: $539,000 (Under Agreement) 1 Bedroom / 1 Bath / 1175 Square Feet / 1 Outdoor Parking Space $750,000 1 Bedroom / 1 Bath / 1054 Square Feet / 1 Garage Parking Space $1,400,000 2 Bedrooms / 2 Baths / 3410 Square Feet / 2 Garage Parking Spaces 2011Sold Data: Number of Lofts Sold: 5 Average List Price: $611,000 Average Sale Price: $601,200 Average Days on Market: 242 Average Price Per Foot SOLD: $531 2010Sold Data: Number of Lofts Sold: 13 Average List Price: $583,146 Average Sale Price: $576,250 Average Days on Market: 77 Average Price Per Foot SOLD: $498 (* all information is gathered from MLS) MORE INFO: www.DavisSquareLoft.com Useful Davis Square Lofts & Somerville Links: http://davissquarelofts.com http://yourdavissquare.com http://www.thesomervillenews.com

Open Concept Loft at Davis Square Lofts

Open Concept Loft Living at Davis Square Lofts

What Boston Home Buyers Really Want? - Men vs Women

This information was sent to me via Trulia, I thought it was interesting enough to pass on to you. Boston condo and single family home buyers, does this sound right?...:

Americas most lovable features*

While theres a small difference in what they love the most, our recent survey showed both men and women agree on which top features make them fall in love with a home. When we asked first-time home buyers which home amenity would make you, personally, fall in love with a home?, here were the top answers:
Amenities All Respondents Men Women
Master Bathroom 70% 64% 75%
Walk-in Closet 63% 55% 72%
Gourmet Kitchen 56% 51% 62%
Outdoor Deck 55% 51% 58%
Wood Floors 50% 46% 53%
Pre-wired for entertainment system (e.g., home theater, surround sound) 35% 42% 28%
Pool 27% 27% 26%
Hot Tub 24% 26% 22%
Other 15% 15% 15%
* All information was quoted directly from Trulia, out of 2,236 adults surveyed

Brickbottom Lofts, Somerville Market Update 2012

Brickbottom Lofts, officially known as Brickbottom Artists Building, is home to one of the countrys largest artist live / work complexes, established in 1988, after local artists purchased the buildings from the A&P Supermarket company. Brickbottom Lofts - 155 units in all - enjoy on-site property management, award-winning common courtyard, on-site Artists gallery and an eclectic mix of residents. Below is an updated market report for the buildings sales*: On the Market: $364,900 (Under Agreement) 1 Bedroom / 2 Full Baths / 1113 Square Feet / 1 Garage Parking Space $429,000 (NEW TO MARKET 2/15/12) 2 Bedroom / 1 Full Bath/ 1547 Square Feet / 1 Garage Parking Space / Top Floor Click Here for More Information $439,000 2 Bedrooms / 1 Full Bath / 1612 Square Feet / 1 Outdoor Parking Space Click Here for More information 2011Sold Data: Number of Lofts Sold: 4 Average List Price: $319,475 Average Sale Price: $307,813 Average Days on Market: 201 Average Price Per Foot SOLD: $271 2010Sold Data: Number of Lofts Sold: 2 Average List Price: $436,950 Average Sale Price: $412,300 Average Days on Market: 90 Average Price Per Foot SOLD: $319 (* all information is gathered from MLS) MORE INFORMATION & PHOTOS:http://www.brickbottomlofts.com
brickbottom lofts living room

Livingroom in Brickbottom Lofts Penthouse

Brickbottom Lofts Penthouse Kitchen

Livingroom in Brickbottom Lofts Penthouse

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      Last Two Somerville Loft Sales Were Both Over 600K

      Here's a quick snapshot of the last two loft sales in Somerville, where BOTH lofts happened to sell over $600,000. Oh yeah, and BOTH sold for asking price....... 56 Clyde Street, Unit 3 List Price: $639,900 SALE Price: $639,900 Days on Market: 118 SOLD Price Per Square Foot: $312 Size: 2050 Square Feet / 2 Beds / 3.5 Baths Condo Fee: $299 56 Clyde are 15 Brand New "Green" Townhouse Lofts between Spring Hill and Powderhouse Square, Somerville that boast Open Floorplans, floating glass staircases, Bosch appliances, 8 Foot Windows, Surround Sound Systems.
      Somerville Lofts for Sale

      56 Clyde Street Lofts, Somerville

      20 Howard Street, Davis Square Lofts, Unit 4 List Price: $625,00 SALE Price: $625,000 Days on Market: 591 SOLD Price Per Square Foot: $701 Size: 891 Square Feet / 1 Bed / 1 Bath Condo Fee: $331 With transactions taking place all the time, the Davis Square Lofts remain the top complex for "brick and beam" lofts in Somerville. Factory sized windows, exposed beams, decks, patios, garage parking and steps to the Minuteman Bike Trail, these lofts are a great combo of urban living in a serene setting.
      Davis Square Lofts Somerville

      56 Clyde Street Lofts, Somerville

      Somerville, Cambridge, Boston Lofts Sales Data

      Heres a quick snapshot of whats been sold in the Somerville, Cambridge and Boston Lofts Market from January to October, 2011. I use the sold data instead of whats actively on the market due to the fact that only sold data can accurately portray the market accurately. All information is a reflection of MLS data: January 2011 October 2011 Sales: Somerville: Number of Lofts Sold: 28 Average List Price: $512,000 Average Sale Price: $496,000 Average Days on Market: 111 Average Price Per Square Foot: $363 Most Expensive Loft SOLD: $1,180,000 Least Expensive Loft SOLD: $310,000 Cambridge: Number of Lofts Sold: 40 Average List Price: $548,000 Average Sale Price: $539,000 Average Days on Market: 57 Average Price Per Square Foot: $446 Most Expensive Loft SOLD: $960,000 Least Expensive Loft SOLD: $305,000 Boston (includes all neighborhoods): Number of Lofts Sold: 223 Average List Price: $572,000 Average Sale Price: $552,000 Average Days on Market: 117 Average Price Per Square Foot: $482 Most Expensive Loft SOLD: $135,000 Least Expensive Loft SOLD: $2,145,000 For more details, I can be reached at Paul@somervillelofts.com or 617-694-0004