Tony’s Realty Sells More East Boston Condos than Any Other Agency for Third Straight Year

During the last three years, Tony’s Realty, very successfully, has been either the list or sales agency for more sold East Boston condominiums than any other real estate office selling East Boston properties. We are very proud of this accomplishment.

In 2006, we listed or sold 20 units that successfully closed. The average sale price was $206,946. The average selling time was 106 days, and the average price per square foot was $339. In 2007, we sold or listed 24 successfully closed condominiums. The average sale price was $211,946. The average selling time was 194 days, and the average price per square foot was $283. In 2008, we listed or sold 20 successfully closed condominiums. The average selling price was $211,478. The average marketing time was 170 days, and the average price per square foot was $248.

MLS data tells us that over the last three years, the East Boston condo market remained strong. The price per square foot dropped by almost 30%, but the average selling price stayed roughly the same. There has basically been a steady number of buyers looking to pay in the low $200s for condos, and in the last year those buyers have been able to get much more space for their money. Over 95% of all Tony’s Realty condo sales have been sold to owner occupants who chose to make East Boston their home.

Please check back as we continue to update you on East Boston real estate happenings. To see all our listings, or to search MLS properties, head to the Tony’s Realty Website.

Email Tony with your questions or comments.

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