SOLD! 22 Roxana St, Hyde Park

22 Roxana

I have mixed emotions over this one.  I am always happy to sell a home and am thrilled that my client got a great price for his house.-  15% over what he paid for it two years ago.  But sad to see a good client and friend move cross country.

I must say that Hyde Park certainly seems to be heating up.  Last month, I sold a condo around the corner from this house for 11% over the price the last condo in that building sold for last year.

Now, I will say that both owners did a nice job of improving the cosmetics of each place and that is becoming increasingly important in attracting buyers.  I wrote a previous blog entry on this topic. What Sells a House Today

It may also be in part because people who work in Boston are required to live in Boston for the first 10 years of their employment.  West Roxbury was a popular location for these home buyers but prices there have gone up to levels that are hard for the average city worker to afford.  The median price of a single family home in West Roxbury is now $471,000, compared to $369,000 for Hyde Park.  This is a nice turn of events for Hyde Park home sellers.  The market in Hyde Park had been languishing until recently.

Bottom line is that prices in the greater Boston area continue to rise. Buy now or buy less later!

Michelle J. Lane

Century 21 Commonwealth
CELL: 617 584-3904