Comments on: Fort Point Channel Loft Development – FP3 – In The Passing Lane! http://www.bostoncondoloft.com/fort-point-channel-loft-development-fp3-in-the-passing-lane/ A Boston Real Estate Blog Highlighting The In's & Out's Of Living Downtown Boston. Tue, 16 Mar 2010 17:26:01 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Tony Longo http://www.bostoncondoloft.com/fort-point-channel-loft-development-fp3-in-the-passing-lane/comment-page-1/#comment-33030 Tony Longo Mon, 16 Nov 2009 18:21:46 +0000 http://www.bostoncondoloft.com/?p=2347#comment-33030 You are absolutely correct. $400k - $700 price point is Boston's sweetest....and for that price @ FP3 you can get a killer unit! Although I know Joe Laurano over there has 2 units U/A over the $1M mark as well. You are absolutely correct. $400k – $700 price point is Boston’s sweetest….and for that price @ FP3 you can get a killer unit!

Although I know Joe Laurano over there has 2 units U/A over the $1M mark as well.

]]> By: condonewbie http://www.bostoncondoloft.com/fort-point-channel-loft-development-fp3-in-the-passing-lane/comment-page-1/#comment-33029 condonewbie Mon, 16 Nov 2009 18:18:45 +0000 http://www.bostoncondoloft.com/?p=2347#comment-33029 Hey Tony, While sales volume has definitely picked up at FP3, it is important to note that most sales there have been under 400K and a couple others are higher but still less than 620K. That means, the smallest units are selling better, b/c many other luxury buildings in Boston don't carry that price point at all. The homebuyer credit may be helping too, as many buyers in this category might qualify and avail of it. Units priced above 750K and certainly above $1M have a very different story I believe. Hey Tony,

While sales volume has definitely picked up at FP3, it is important to note that most sales there have been under 400K and a couple others are higher but still less than 620K. That means, the smallest units are selling better, b/c many other luxury buildings in Boston don’t carry that price point at all. The homebuyer credit may be helping too, as many buyers in this category might qualify and avail of it. Units priced above 750K and certainly above $1M have a very different story I believe.

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