My prime Back Bay 2 bed 2 bath condo in the first block of Commonwealth Avenue has sold at $100,000 over the asking price! Situated in an immaculately maintained brownstone, this superbly renovated home features classic Back Bay elements while also offering modern amenities.
See more photos and details for 34 Commonwealth Avenue, #3.
Results like this are not a given in any market. It takes experienced sales representation, quality professional showings, the highest quality marketing, and expert transaction management.
If youre planning to sell your Boston area home or condo, take advantage of the widest possible exposure for your property to the most highly qualified clientele in the world. As Associate Director of Sales, a longtime South End resident, and a 29+ year sales associate, I combine my local expertise with the powerful global marketing resources of Sothebys International Realty.
You can view my recent sales and listings here.
If you have questions about buying or selling Boston real estate, please call me at 617-584-9790 or email joe.wolvek@gibsonsir.com.
While the median price for a condo in Boston has been rising steadily since 2010, this past year saw a 16.2% riseaccording to a new Boston Globe article. To be fair, a few brand new luxury buildings were responsible for some of that spike. The $1 million-plus and the $2 million-plus niches jumped considerably because virtually all ofthe roughly 420 closings at the uber-luxurious Millennium Tower finalized.My most recent market research shows thatfrom January 1-February 15, 2016 to the same time period this year there was a jump of 15.11% in median prices for Boston condos and single family homes combined. And in the $1 million-plus category, there was a increase in closings of 13.33% over last year in that time frame. In the $2 million-plus category, closingsincreased by 12.5%.While those high-end closings did play a big role, there's another importantfactor that drives prices up low inventory. As of February 15 of this year, Boston condos are back down to a 1.3 month supply (analysts consider a 3 month supply to be a balanced market). After finally cracking a 2 month supply last September, it's been headed back down. We are still seeing historically low inventory.If you'd like to see my exciting charts and graphs illustrating these and other local real estate market trends, 
