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Coleman Group Market Scoops – April 12th

Coleman Group Market Scoops – April 12th scoops 4.12

Check out Coleman Group Market Scoops to get the latest intel on what is happening in the real estate market and what we are seeing every week!


Spring has Sprung and Buyers and Sellers are ready to MOVE. We had five competitive offers at  31 Fletcher Ave and three were submitted without contingencies. We are seeing the same types of bidding that we did last year at this time. Great news is, many more homes are popping up and it is truly exciting for buyers. We are listing three terrific homes in the next three to four weeks. Two are on Munroe Hill and one is on Baskin Road; beautiful homes in wonderful locations. Hope to see many of you on Lexington Green for the Reenactment or perhaps at the traditional Pancake Breakfast.  Paul Revere will be arriving at the Battle Green on Horseback at 1:00 PM and then on to the Parade with beautiful floats, familiar faces and my favorite, the candy tossing that happens every year. 


Even with the Easter and Passover holiday weekend, there were lots of people out shopping for a new home. We had at least 50 parties through the open houses at Charla’s beautiful listing at 31 Fletcher Ave in Lexington. With so much demand for such little inventory, the rental market is also tightening. My clients and I were one of 60 parties that requested a showing at a small two bedroom unit that came on for $3,000/mo on Beacon Street in Boston the first day the unit hit MLS. The unit had multiple applications and was rented for $3,200 before the weekend even started. So, if you see a good property come onto the market, make sure you get in to see it early! 


With the Easter and Passover holidays, things were a bit slower last week but surprisingly there were still a bunch of good things that came on! Quick shoutout to Charla for her gorgeous listing at 31 Fletcher in Lexington; the place looked amazing and she killed it with the paint and decor choices. I have a 1 bedroom condo coming on in the next week or two and two listing appointments this week for condos in the city. Sellers looking to make the most of this crazy market and I definitely don’t blame them! 


It’s been a slower week in real estate with many people focused on the Easter and Passover holidays.  

I’ve had the opportunity to delve into the Boston rental market and, with the shortage of places to buy, the rental market seems to be as fast-paced as ever.  Some apartments I tried to get into for showings received applications from tenants who hadn’t even visited the units in person.

In the process of bouncing between several different Boston neighborhoods, I learned that the new restaurant at the St. Regis Seaport Residences is scheduled to open next month.  It will be called Savr (pronounced “Savor”) and it will feature an upscale bistro menu with an emphasis on warm hospitality.  It will be fun to try this new spot as the weather warms up!  Who wants to join me??

I also heard that acclaimed chef, Lydia Shire, will be opening a Seaport restaurant next year!


What’s that on the roof of that building? In Boston, there’s lots to look at from your condo window – including some things you may not be able to identify or want to look at. Some of my clients recently expressed concern about an odd structure atop a building that is in the line of sight of a condo under their consideration. Will it be a billboard or something more benign? 

What’s outside the condo’s windows is always an important purchase consideration, e.g., Will I look out onto a park or the side of a building? Better views often equate to higher floors and more money. You can estimate that each floor you go up in a high rise will increase the list price of the same unit approximately $30K/floor. Are you willing to settle for a possible lackluster view to save some money?

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Charla Coleman

Charla is a Broker Associate with the Coleman Group.

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