Realtor Michael Mahoney in Boston with eXp Realty
Michael Mahoney
617-615-9435617-615-9435

Michael Mahoney Weekly Real Estate Update

Greater Boston Real Estate Report by Realtor Michael Mahoney - click display images to see the full report

What a week it's been. The weather could not be any better. Despite it being
vacation season, homes are still moving.

The Massachusetts Association of Realtors released a report last week on single
family sales being up about 9.5% and condos being up 4.2%.

The inventory is still low and quite a great time to be a seller.

There was a great article on Curbed about Why Boston Housing Prices are so High

Here are a couple of paragraphs from the article.

Here is What is Happening in Boston Real Estate Now - click display images to see the full report

Here is What's Happening Right Now in
Greater Boston Real Estate

The Massachusetts Associaton of Realtors reported last week that the year over
year pending sales and median home prices for the month of June 2018
versus June 2017 were both up.

WALTHAM, Mass. – July 11, 2018 – The Massachusetts Association of Realtors® (
MAR) reported today that the number of single-family homes and condominiums
put under agreement in the month of June increased over last year while
median prices also saw a hike year-over-year.

At $430,000, the pending median price for a single-family home rose over
the $400,000 mark for second time in 2018. This is the highest median
pending sales price for single-family homes since MAR began
recording the data in 2004.
June Pending Sales Report by Massachusetts Association of Realtors

 


To get the full report on Boston today – Click here

If you are curious about your value, check your current value here

Houses and Condos We Need for Buyers
We Are Working With

As I mentioned above, the inventory is quite low. This week, we have four buyers
that we are working with to find houses and condos for.

We need homes for the following buyers now.

Buyer #1

The 1st buyer is a small family who can spend up to $450K. They are looking in
the following towns:Norton, Mansfield,Wrentham,Millis,Medway,Walpole,Norwood,
Canton,Sharon
(or close to these). Important items for them is at least 3 baths
and 1.5 baths.

Buyer #2

The next person we are looking for is a buyer who is looking purchase a
condo. The buyer can spend about $200k. The condo fee should
not exceed 300/month. The ideal location would be Framingham, Natick,
Holliston, Ashland but we are "open" to other areas.

Buyer #3

The next buyer is a 1st time buyer who is looking to purchase
in Watertown, Natick or Framingham
. This buyer can spend up to 475k.

Buyer #4

We have a buyer who is looking in Dedham for About 400k –
One level living is the most
important factor.

If you know of anyone who may have a house or condo which fits
these folks, reach out to me @
617-615-9435.


Here is Something Fun to Check out This Week

Here Are Some Fun Things in and Around Boston

Magic 106.7 Family Film Festival

July 7, 2018 – August 25, 2018
South Garden
With free, family-friendly movies shown under the stars, the Magic 106.7 Family Film Festival
is a great summer night out.

Entertainment, children's activities and giveaways will start at 6pm. All movies will
start every Saturday at sundown. Rain dates will be held the following Tuesday.

2018 Movie Schedule
July 7: The Lion King
July 14: SING!
July 21: Coco
July 28: Wonder
August 4: The Incredibles
August 11: Mulan
August 18: Tarzan
August 25: A Wrinkle in Time

See more about this event here

Providence, Rhode Island's Waterfire

Providence Rhode Island Waterfire

This award-winning sculpture by Barnaby Evans installed on the three rivers of
downtown Providence, has been praised by Rhode Island residents and
international visitors alike as a powerful work of art and a moving symbol of
Providence’s renaissance.
WaterFire’s over eighty sparkling bonfires, the fragrant scent of aromatic wood
smoke, the flickering firelight on the arched bridges, the silhouettes of the firetenders
passing by the flames, the torch-lit vessels traveling down the river, and the
enchanting music from around the world engage all the senses and
emotions of those who stroll the paths of Waterplace Park.

WaterFire has captured the imagination of over ten million visitors, bringing life
to downtown, and revitalizing Rhode Island’s capital city.

See more about Waterfire here

It's still restaurant week in Providence too…

Providence, Rhode Island which is just a short hop from Boston is one
of the nation’s hottest culinary destinations. Find out what the fuss
is all about during Providence Restaurant Weeks. Choose from
mouthwatering menus at nearly 100 restaurants.

This Week's Must See Home - click display images to see the full report

This Weeks Must See Home

This weeks must see home is in Manchester on the North Shore of Boston. I love exploring some
of the more exquisite homes on the market in Massachusetts. This week's must
see home is located at 33 Proctor Street in Manchester MA. The listing agent for the property is
Lanse Robb with Landvest Real Estate.
The home is currently on the market for $13,750,000mm.

Here is the description of the property:

A rare opportunity to own a waterfront family compound
consisting of 2± acres on Manchester Harbor with
one of the few deep-water docks in Manchester-by-the Sea.
With 325± feet of water frontage, the property offers
direct boating access to Manchester Bay and beyond.
Located on a peninsula on Smith’s Point, the newly built,
5-bedroom English Arts and Crafts residence with
a 3-car garage, and 2-bedroom guest house also with
3-car garage sit on one of the original Smith’s
Point’s summer estate parcels. Sited perfectly
to take in the expansive harbor views, the home’s
design features harken back to its turn of the
century predecessor featuring extraordinary interior
finishes and classic elements with stunning views
at nearly every turn.

The professionally landscaped grounds include a harbor
facing pool and spa, a variety of mature specimen
trees, flowering shrubs, perennial gardens and
manicured lawns. Includes access to private
association beach and dock.
Lanse Robb- Landvest

See all the photos of the property here

33 Proctor in Manchester
See all the details here


One of the Most Expensive Homes Sold in Greater Boston - click display images to see the full report

The Most Expensive Home Sold Last Week

Picture of the most expensive home sold last week was at 90 Chestnut Street in Beacon Hill

90 Chestnut Street Photo from MLSPIN Courtesy of Listing Agent Brokerage Campion and
Company

The most expensive property sold in Suffolk County last week was located at 90 Chestnut
Street on the flat of Beacon Hill.

Here is how the listing agent , Tracy Campion described the property in MLPIN

Exceptional architectural showpiece on the Flat of Beacon Hill.
Originally designed by Henry Davis Sleeper, America’s
“first interior decorator,” this 6,421 colonial revival townhouse
with 5 bedrooms is full of stunning details that have
been beautifully renovated, restored and maintained.

The floor plan offers wonderful flexibility for use as a
single residence or two separate units, one a first and
garden floor duplex, the other a 2nd, 3rd and
4th floor elevator triplex.

This historic treasure remains timeless in its ability
to cater to modern lifestyles, and is complete with
a spacious roof deck and Brimmer Street Garage parking.
See the property here

The list price of this property was $5.9mm. It sold for $5.130mm. It went
on the market on February 9th and went under agreement
on May 30th ultimately closing on July 11th.

See All 28 Photos of 90 Chestnut Street here

I love to look at expensive homes on the market. I love to see the rich
architectural details and amenities luxury homes offer. Here
are the 5 Most Expensive Homes in Greater Boston


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Michael Mahoney Realtor, eXp Realty

617-615-9435
www.RealtorMikeMahoney.com
mike@mmahoney.com

Considering a career change in real estate, eXp realty and my team is growing – Reach out if you are considering a career change.
See more about eXp Realty here

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Reviews

5suzannechapman1208

I selected Mike after having a very unsuccessful experience with a previous broker. He had excellent ideas in helping to sell my house and continued to advertise it with a fresh perspective. His experience helped in a number of ways and I only wish we had... (more)

5goodlife99

This is the second property I have sold in Weymouth MA with Mike as my broker. He research the area and give you all the information you need to decide what to list your property for, so it sells timely. He also helps review and negotiate all offers and is... (more)

5SullyLemmons

We had been trying to sell our condo for well over a year and decided to give Mike a shot at it as he came well recommended. It was not easy for him but he persisted and had success. Even though it wasn't a big sale or profit for him, he acted as though it... (more)

Review Michael Mahoney on Zillow.com

Community Events

Board Game Night!

Makers at the Newton Free Library

NEW LOCATION IN LIBRARY SEE BELOWCome play some board games! Bring your games you've been itching to play with other like minded folk or grab one of the libraries. We've begun lending out our games so there aren't as many. You can see the...

Monday Evening Meditations

Meditation in Boston

HOW TO TRANSFORM YOUR LIFEPlease join us on Monday evenings when we explore what Modern Buddhism is and how we can incorporate these ancient, life-changing teachings in our day to day busy lives in an easy, relevant and inspiring way. This class...

We Play Mah Jongg at Healthworks Chestnut Hill

Mah Jongg in Cambridge and Beyond

Intermediate players are welcome to join us for mah jongg. This is a fun relaxed group that can play a mean game of mah jongg.$5. Pie.

BBTC Weekend Planning Meeting

The Boston Beanstalks Tall Club

We’ll be planning our annual club weekend when the rest of TCI comes to visit and play with us. Come help us do it right.