By Ginger DeShaney
The third quarter of 2022 held some local real estate market surprises.
“Some things even surprised me,” said long-time South Boston realtor Jackie Rooney. “The big change is the number of sales is down 30%.”
But the bigger [...]
After a down year in 2020, the South Boston real estate market rebounded spectacularly in 2021.
The latest figures from Banker & Tradesman show that South Boston had 1,158 transactions in 2021, the highest ever.
A number of factors – post-pandemic demand, a desirable location, and good interest rates – came together “and resulted in a [...]
With the start of Autumn upon us in the city of Boston, the real estate market has held its own in the face of what has undoubtedly been, and continues to be, uncertain financial times for many in the face of the Covid-19 crisis. Considering the city was shut down for the better part of three months, it is an exciting time to be involved [...]
For our April recap, I will not only graph and analyze condominium sales and listings but will also provide a year-to-date (YTD) market review as compared to the same period in 2019 (Year-Over-Year) and a 5-year YTD report. I will continue to focus on the condominiums, not by choice, as 134 of the 146 sales YTD (92%) [...]
For the March recap, we will, again, only review condominiums as the sample sizes for single-family’s and multi-family’s are too small to gather any trends. In our quarterly report, we will include singles and multis. Also, in the interest of disclosure, the source of our data was from [...]
As we did in the January recap, we will focus on the condominium sales and listing data as the sample sizes for both single-family and multi-family are too small to gather any trends. Also, the source of the data was exclusively from MLS, which we find to be more comprehensive, especially on the listing side, and timely as we can complete [...]
There was 38 Transactions in the 02110 zip code in January of 2020, only 5 of which were not in Echelon. The average sale price of these Condos was $1,645,107.
Echelon is the new luxury development in the Seaport District. The project is divided into 2 buildings.
133 SEAPORT
Live large. A flagship address offering 255 condominium [...]
We are only one month into calendar 2020, so it is somewhat too early to establish year-long trends reliably.
However, Rooney Real Estate’s overall first-month conclusions are that South Boston’s residential real estate has shown considerably more energy during January 2020 – a trend that we feel began right after Christmas. [...]
South Boston is a neighborhood that is rich in history and even richer in character. From Victorian architecture, tree-lined streets and historical landmarks to its unique demographics thanks to Boston’s proud history of immigration. This has resulted in a thriving restaurant scene. From cheap eats to high-end cuisine South Boston has [...]
The 2017 year-end numbers are in for South Boston and for the eighth year in a row median sales prices for all types of property have increased. It is up 7.7%, where the medium sales price in 2016 was $650,000 and now has risen to $700,500. The reason for this rise in prices is Southie’s desirable neighborhood with waterfront property, the [...]