Single-Unit Housing Sold Quickly in East Boston During Month of July

July was a busy month for the sale of single unit housing in East Boston, with 8 single-families and 8 condominiums selling. The singles ranged in price from $115,000 for a cute two bedroom fixer upper on Saratoga Street in the Dom Savio area to $326,000 for a pristine four bedroom single on Montmorenci Street in Orient Heights. Only two of the single-family homes that sold had garages or driveways.

Among the 8 condos to sell, one was bank owned and sold for $63,000. If a bank owned condo is in a building with no active condo association, a mortgage is almost impossible to obtain, and it is often priced to sell below $100,000 in order to attract a cash buyer. The other condos ranged in price from $125,000 for an 834 square foot unit on London Street to $371,000 for a 1,492 square foot completely renovated 2 level loft style unit with a parking space on Saratoga Street near Central Square. The sales of these condos and houses indicate there is a steady stream of buyers looking to spend between $125,000 to $400,000 for single units of housing in East Boston, whether it be for a single-family house or a condo.

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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