July 24, 2008

A Pair of South End Price Reductions Under Half a Mil

myerschang A Pair of South End Price Reductions Under Half a MilA pair of homeowners in the Washington Street/E. Berkeley Street area dropped their asking prices this morning. The first dropped a moderate $20K from the asking price of a Washington Street condo, but the second, a condo on nearby Fay Street, dropped a more significant $60K. And that’s on a condo previously listed at $529,000!

Last week, the price on a larger condo, also on Fay Street, dropped $60K. At $589K, this one cost a bit more than the first two, but it includes 500 square feet of rooftop terrace: a nice amenity to have in the city.

Another nice amenity: all three condos are near Myers & Chang, a great restaurant owned by the same person who blessed me with warm sticky buns at Flour, Joanne Chang.

1140 Washington Street, #10
South End, 02118

Beds: 1/Baths: 1
SQ.FT.: 850
Original Price: $469,000
Today’s Price: $449,000

40 Fay Street, #502
South End, 02118

Beds: 1/Baths: 1
SQ.FT.: 886
Original Price: $529,000
Today’s Price: $469,000

35 Fay Street, 411
Beds: 2/Baths: 1

SQ.FT.: 969
Original Price: $649,000
Today’s Price: $589,000

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Comments (1)

Robert said:

I’d go with the Condo on Fay Street. The roof top terrace would be nice and would normally be a good selling point when your ready to pass it on. In regards to the price drop, did Scientalogist’s move in next door?

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