Stale Listings Need Love, Too
I noticed a few stale listings in the South End that need a little attention. Some have been waiting for some love for years, but I assume they were listed in MLS before contractors began renovations. In some cases, I bet they were listed even before the first shovel hit the ground:
- 700 Harrison; 1085 days
- Bryant on Columbus; 646 days
- D4; 589 days
- The Penmark; 562 days
I can see why they’ve been sitting around for a while- purchasing on spec involves some risk. That’s a risk I’ll probably never take. I want to see the completed home, ready to go— floors, walls, ceilings… I’m a bit odd that way.
A pair of listings, however, surprise me. Although agents listed 19 Worcester Square at almost $1.3 million, it’s a good size place. Almost 2100 feet for $618 per foot isn’t a bad deal, but the place has been languishing for over 500 days.
The home that disappoints me the most is the Diver House, the star of A Common Ground, one of the greatest books of Boston history. The bowfront at 118 West Newton has been wasting away for 1183 days.
Three years.
But it looks like the price hasn’t changed in three years, either. It makes me wonder if they really want to sell it or if they’re waiting for a sucker like me who wants it because it was in the book. Are these owners are really considering offers, or are they holding out for someone who doesn’t know any better?
Hitting the Links
Boston Sweet Digs Home
John K said:
Well, they should take all those new development listings off the market because they’re bringing down (by which I mean, up) the average “days on market” for the South End!
It only takes one buyer, as they say, and the owner of 118 West Newton obviously thinks one exists.
Don’t know anything about the Worcester St listing.
There is also a listing at 27 Rutland St that has been on the market for quite awhile and I think it’s a surprise. I love the interior and think it’s wisely-priced. The only negative I can think of is it feels narrow inside and there are a lot of stairs, but it’s practically a single-family, it has direct-access parking, and it’s a corner lot; what’s not to love?
September 11, 2008 5:26 PM