2011 Two & Three Bedroom Market Report in Dorchester Towers Condo

We wrote part I alcove studio/junior one bedroom in Dorchester Tower condo and Part II Dorchester Tower condo One Bedroom Market Report few days ago, here is the Part III Dorchester Tower condo market report for larger condo units.

These three parts of Dorchester Towers Condominium Market Report outline the detail the sales activity that took place in 2011. Because of our market knowledge and familiarity of the building, many Dorchester Towers owners decided to work with us to sell their condo units.

In 2011, we track that 14 sales occurred in the building.  That was a significant increase from 2010 where approximately 10 sales occurred.  Some of the sales were private sales without coming on the open market and nonetheless, every sale gives an overall idea of the price point that apartments are selling at.

Junior 4-Convertible 2 Bedroom

Floor of Unit Sold Price Asked Price Size* Price Per Sq Ft
2 $950,000 $1,050,000 902 $1053
15 $860,000 $950,000 874 $983
3 $1,050,000 N/A 975 $107

Average Price per square foot for Junior 4’s was $1038 and the average price was $953,333.
Two Bedrooms with dining alcove area (Convertible Three)

Floor of Unit Sold Price Asked Price Size* Price Per Sq Ft
23 $1,160,000 $1,694,000 1174 $988

The Junior 4, Convertible 2 bedroom market at Dorchester Towers Condominium is another type of apartment that is going to have varying prices.  A number of layouts have a 1.5 Bathrooms.  This second bathroom creates a lot more value.  The physical layout and sizes vary, creating some apartments where a 2nd Bedroom can be created much more easily and comfortably.  Again, comparing the right layout to an apartment you are interested in buying or selling is essential.

Click on below links to see other size apartment market report:

2011 alcove studio/junior one bedroom Market Report in Dorchester Tower condo

2011 One Bedroom Market Report in Dorchester Towers Condo

There are lots of other agents who may have sold or rented one unit in Dorchester tower in their Real Estate career, but that does not mean they have the most updated and intimate knowledge of this ever changing Real Estate market especially within this specific building.

In this consumer savvy and an immediate need for information days and age, it is most beneficial for owners to work with agents like ourselves who specialize in Dorchester Towers and be the advocate for you when you decide to sell or lease your Dorchester Tower units.

We can be reached at (917)837-8869, contact us for a fair market evaluation of your condo unit today.


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