LRG Boston Real Estate Blog

Bryant Back Bay

Just to give everyone a little perspective on the current condo market in Boston, MA, here is a true story….Thursday, a new listing at the Bryant Back Bay came on the market for $1,794,000+$140,000 for a second garage space. Well, based on the feedback, the auction sale prices are in the rear view mirror.

Saturday there were 5 showings, Sunday Open House had 16 groups come through, Monday morning saw 5 more groups come through and unit went Under Agreement Monday afternoon.

Lesson Learned: The luxury condo market is heating up FAST.  For units to be flying off the market this fast in early February is a pretty clear indication that the Spring market is going to be very strong.  Buyers need to be ready to act if the right opportunity presents itself.

*The best advice we can give you is to find a good Buyer’s agent, preferably from LRG;-), who will monitor the market on a daily basis and notify you when your ideal home comes on the market.

This entry was posted on Wednesday, February 8th, 2012 at 11:42 pm and is filed under Lessons Learned 101, News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.