The Boston2.com Real Estate Blog

It’s A Good Time to Be A Million Dollar Buyer

million dollar buyer

Being a Million Dollar Buyer

You live in Boston and have a budget of $1 million to $1.2 million for your new home. There are many different Neighborhoods of Boston that are available to your healthy budget, however each area has a very different level of buying power.

Here is what your budget bought in the last 6 months.

The Back Bay – 10 condos and/or Brownstones sold with an average square footage of 1,083 square feet. 8 units had 2 bedrooms with the other 2 units being 1 bedroom. 2 units came with deeded parking spaces. Average Sales Price: $1,119,000 - Average Listing Price: $1,119,800 – 99.93% List to Sale Price Ratio.

The Waterfront – 12 condos sold with an average square footage of 1,183 square feet. Bedrooms were split with 6 units having 2 bedrooms and another 6 units having 1 bedroom. 3 units came with deeded parking spaces. Average Sales Price: $1,093,833 – Average Listing Price: $1,134,908 – 96.38% List to Sale Price Ratio.

The South End – 20 condos sold with an average square footage of 1,148 square feet. 2 units were 1 bedroom condos with 17 units being 2 bedroom units and 1 unit being a 3 bedroom unit. 5 units came with deeded parking spaces. Average Sales Price: $1,093,152 – Average Listing Price: $1,086,745 – 100.59% List to Sale Price Ratio.

South Boston – 29 condos sold with an average square footage of 1,538 square feet....

3 Smart Tips For Buying a Home

3 Tips For Buying a home in Cohasset

3 Tips For Buying a Home

Boston is a diverse and beautiful coastal city with wonderful job opportunities and access to high quality health care. The city also has a strong focus on education and shopping, so it isn’t surprising that over 50% of the homes in Boston are owned, rather than rented.

If you are thinking about moving to the area, you have made a great decision – but it is likely that you are feeling a little overwhelmed at the prospect of buying a new home. After all, buying a home is a long process, but if you are aware of a few things, such as homeowner’s insurance, then the process will be much easier.

Here are three smart tips to help you buy a new house.

Learn About Relevant Key Terms

The first thing that you should do is learn...