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Bryant Back Bay, Boston Condo Auction – Results Nov. 7th

Today the Bryant Back Bay went to its second auction. This one was a tremendous success and speaks volumes to the state of the luxury market. Least expensive, unit 306 went at $675/square foot and the most expensive, 905 went at $840/square foot.

Unit      Original Price          Min. Price      Sale Price         $$$/Ft

806       $1,860,000             $1,250,000        $1,606,000      $855

704        $1,910,000             $1,130,000        $1,495,000      $700

705        $1,925,000             $1,130,000        $1,603,000      $745

706        $1,875,000            $1,130,000        $1,603,000      $764

701        $1,710,000             $1,130,000        $1,365,000      $714

904        $1,985,000            $1,250,000        $1,505,000      $791

903       $1,875,000             $1,175,000        $1,489,000      $830

906       $1,975,000             $1,250,000        $1,466,000      $781

905       $2,025,000            $1,250,000        $1,631,000      $840

606       $1,825,000            $1,130,000         $1,446,000      $690

306       $1,540,000            $1,075,000        $1,449,000      $675

The takeaway is simple.  The Luxury Real Estate Market in Boston is very very strong. Below is the original table of properties:

Table of Properties


Residence
No.
Beds Baths Interior
Sq. Ft.
Last Ask Price Minimum Bid Slash in
Price
Min Bid
$/SF
306 3 3 2,146 $1,540,000 $1,075,000 -30% $501
606 3 3 2,097 $1,825,000 $1,130,000 -38% $539
701 3 3 1,913 $1,710,000 $1,130,000 -34% $591
704 3 3 2,137 $1,910,000 $1,130,000 -41% $529
705 3 3 2,153 $1,925,000 $1,130,000 -41% $525
706 * 3 3 2,097 $1,875,000 $1,130,000 -40% $539
806 3 3 1,877 $1,860,000 $1,250,000 -33% $666
Residence 806 features a 198 sf private terrace not included in the interior sf.
903* 2 2 1,793 $1,875,000 $1,175,000 -37% $655
904 3 3 1,903 $1,985,000 $1,250,000 -37% $657
905 3 3 1,941 $2,025000 $1,250,000 -38% $644
906 3 3 1,877 $1,975,000 $1,250,000 -37% $666

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