Back on the market
— By: Marilyn JacksonThe five-bedroom, single-family home on the Flat of Beacon Hill that was to be auctioned Wednesday night is back on the market. Its listing price is $5.995 million.
At auction, the minimum asking price was $4.975 million, but among the pre-registered prospective buyers, no one bid.
This home was built in 1869 and underwent a two-year restoration, incorporating smart technology and modern conveniences, such as an elevator with access to all floors. It encompasses 5,700 square feet of living space.
Pending sales increase
— By: Marilyn JacksonPending sales of condos across the state increased 25 percent in February in a year-to-year comparison, according to a new report from the Massachusetts Association of Realtors.
Pending sales of single-family homes that were put under agreement in February rose by 16 percent from a year earlier.
“Buyers are looking at the market conditions and evaluating them against the desire to own a home and are increasingly making the decision that now is the time,” said Kevin Sears, president of MAR and a broker/co-owner of Sears Real Estate in Springfield.
Marilyn Jackson, managing editor, has been with Boston Homes nearly since its inception in 1997. Previously, she was an editor at several CNC newspapers on the South Shore and had been a reporter and editor at the Patriot Ledger in Quincy.
Chris Eck, director of online sales, GateHouse Media New England, has been overseeing sales across 159 hyper-local community sites in eastern Massachusetts, including WickedLocal.com. Previously he was online sales manager for the company and had been a retail account executive at Enterprise NewsMedia.