Blog :: 02-2021

How Quickly are Condos Going Under Agreement in Boston's Back Bay, Beacon Hill and South End?

In Boston's Back Bay, Beacon Hill and South End, competition for condos can be fierce. Available inventory has remained low - essentially at the same levels as we saw pre-pandemic - so when well-priced, desirable condos hit the market, they sell quickly. 

How quickly?  Based on MLS data for condos listed between 12/23/2020 and 2/23/2021 (past 2 months), the following are the average days to accepted offer in the Back Bay, South End and Beacon Hill:
 

Under $1,000,000:  8.14 days

$1,000,000 - $1,999,999:  3.88 days

$2,000,000 - $2,999,999:  13.29 days

$3,000,000 and above: 15 days


On the market for less than 4 days on average, competition is extremely high for condos in the $1-2 million range.  Additionally, buyers are prioritizing outdoor space (especially private roof decks and patios).  The figures above are only for condos that have gone under agreement or sold, and there are units that are sitting on the market, but this data shows that buyers are out and looking this Spring.  

Connect with us if you are considering a move - we can set you up for immediate notifications and help you react quickly when you find your dream home.  With condos selling as quickly as they are, there is no time to snooze!

 


 

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Thinking of selling? Tips to prepare your home to put on the market

Spring market is the busiest time to sell homes and the 2021 spring market is fast approaching. According to local realtors spring market starts as early as March!

 

  • Start cleaning your home now
  • Take out the clutter
  • Pack grown up kids’ bedrooms
  • Interview realtors
  • Meet with stager or organizer
  • Do updates or repairs to improve value
  • Get quotes from moving companies
  • Remove personal items, family photos, etc.

 

The preparations you start now will pay off later and make for less work once the nice weather gets here.

Contact Cabot and Company to see how we can help make the process easier.

 

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Staying on Par Through the Winter

It’s one of the saddest days on the calendar, the day you have to put away the golf clubs.  It’s something our friends in warm-weather climates don’t understand, but those of us who call the northeast home feel the pain every year. Here in Boston, it can be tough to practice and keep from getting too rusty in the winter.  Golf is a feel game and it is important to keep the momentum going from season to season. You don’t want to lose your touch, right? So where can you go to stay sharp when you’re swinging a shovel instead of a seven-iron? Check out these local spots to keep your game up to par year round. 

 

 

City Golf Boston 
167 Milk St, Boston, MA 02109
https://citygolfboston.com

*Offering golf lesson for individuals or groups

*Golf Memberships - Includes unlimited golf lessons and unlimited use of simulator

 *Custom club fitting
 

Lynx Fitness Center 
64 Arlington St.  Boston, MA 02116
https://lynxfitnessclub.com/lynx-indoor-golf

*Boston’s first Top Golf suites

*Members and Non Members can reserve simulator for practice

*Lessons with PGA Professionals

*Private suite booking for events

 

McGolf
150 Bridge St, Dedham, MA 02026
https://www.mcgolfonline.com

*Radiant heated outdoor golf bays year round

*Fittings and lessons

*Members putting and chipping area

*Reserve golf simulator