Beacon Hill

Boston Real Estate Market Still Doing Well in this Economic Climate!

Its no secret that this country is in a general housing slump, but what is somewhat surprising is the condition of the Boston real estate market: it’s doing well! Three distinct neighborhoods in Boston, Back Bay, Beacon Hill, and the South End, have had an excellent year, with strong sales volume and equal or higher median average sale prices that are comparable to anytime during the past six years.

Beacon Hill Apartment

While that may not seem like much, most parts of the country have experienced wide sales and home value fluctuations; relative stability is a much better alternative!

Residents have shown resiliency in the face of an exhausting recession that brought the state an unemployment rate higher than 9%. Despite the risk of everyone’s jobs, those with the desire or need to move into Boston found a way to do so, and with local prices cut nearly in half in many instances, relocating to a Boston home is more affordable than ever.

If you’re considering a move to the Boston area -and why wouldn’t you with this promising market- contact a Phoenix Realty agent today to begin the search for your new apartment, condo, or luxury building.

Tags: , , , , ,

Featured Listing: Luxury Beacon Hill Condo

Looking for a luxury pied-a-terre in the city?

Look no further than this fully loaded Beacon Hill condo!

It may be one room but it is loaded with amenities. There are extensive custom built-ins, including a queen-size Murphy bed that folds up into the wall in order to maximize the living space. The apartment features gleaming bamboo floors, a built-in desk, built-in surround sound and a flat panel TV. The kitchen was recently updated and now features brand new GE stainless appliances, granite counter tops, a breakfast bar, and maple cabinets. The bathroom has a rain shower head and radiant heat tile floor. There are custom moldings and a wine rack. A full size washer and dryer can be easily installed.

Due to its Beacon Hill location, this condo will leave you just steps from wherever you want to go. The condo lies right in the middle of the Charles/MGH T stop on the MBTA Red Line and the Bowdoin T Stop on the Blue Line. The Charlesbank Playground, Charles River Esplanade, and the Boston Common are also all within walking distance.

This is a great example of the Beacon Hill Real Estate we have available. Click here to view the listing or contact a Phoenix Realty agent to schedule a viewing.

Tags: , , , , ,

Search

 

Archives