When looking for a home in South End there are many streets that are show-stopping, but one of the most popular streets many folks want to call home at Union Park. Union Park offers a central location to some of the best fine dining and easy access to Back Bay. Typically on Union Park, a buyer or renter will find tons of historic row houses that offer all the charm outside and modern touches inside. The average condo stays on market 15 days and receives an offer in under 5 days with the average list price is listed for $1,069,000 and has sold for $1,156,000. Most of the listings on the market do not even include parking. If your goal is to find a single-family home on this street you will find you might be waiting and striking fast when you see it. Within the last 12 months, only one Single Family home has been listed for sale on Union Park and it sold above asking. It was six bedrooms 5 full bath home with 3 parking spots it was listed for $5,995,000 and sold for $5,400,000. Yes, it sold for less than asking but sold during the fall market when buyers get a little bit of a break on price statically. Other factors that we can’t tell by listing or the data doesn’t disclose if the buyer paid cash or had a mortgage.
Seller could be willing to cut the price homebuyer was able to pay cash for the home or If they could promise a quick timeline on closing. Many buyers in the market spend months trying to find their dream home in the south end and can’t get all the stars to align correctly to make homeownership a reality and eventually realize they need to either stay where they are or secure a rental and if your heart is set on calling Union Park home you will not find a ton of choices on Union Park, but you will find some options whether you’re looking for a 1 bed plus or 3 bedrooms there are options out there if your dreaming to have a Union Park Address.
The Average Union Park Rental was listed $4,050 and rented for $4,079. Currently, on the market there are three listings on the market and start at $2800 for a two bedroom offering 1,000 square feet of living space and doesn’t offer assigned parking or outdoor space.courtesy of Coldwell Banker Charlestown On the high end of Union Park, a home searcher can find a 3 bed 2 baths with private outdoor space for $7,500.All the current rentals on the market have not been on market long and if one was really looking at the rental market they would find that listings on Union Park typically stay on the market less than one month before they are taken off the market. Renting is a great way to try out the neighborhood before making that commitment and just think when you do get that accepted offer on your dream home on Union Park your move might not be as dreadful as prior moves. If you would like more information about Union Park or any of these listings contact me.
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