Photo: 16 Troy Road.
- 91 Channing Rd., Cape-style Colonial (1942). Sold: $639,900.
- 249 School St., Colonial with Dutch gable elements (1929). Sold: $1,381,000.
- 33 Gilbert Rd. #1, First-floor condominium (1925). Sold: $490,000.
- 16 Troy Rd., Cape (1950). Sold: $651,000.
- 100 Clairemont Rd., Extended Colonial (1930). Sold: $1,225,000.
- 10 Holt St., Townhouse condominium (2004). Sold: $850,000.
- 46 Lewis Rd. #2, Walk-up condominium (1924). Sold: $470,000.
A weekly recap of residential properties sold in the past seven-plus days in the “Town of Homes.”
• 91 Channing Rd., Cape-style Colonial (1942). Sold: $639,900. Listed at $649,900. Living area: 1,212 sq.-ft. 6 rooms, 2 bedrooms, 1.5 baths. On the market: 76 days.
• 249 School St., Colonial with Dutch gable elements (1929). Sold: $1,381,000. Listed at $1,250,000. Living area: 3,044 sq.-ft. 12 rooms, 5 bedrooms, 4.5 bath. On the market: 61 days.
• 33 Gilbert Rd. #1, First-floor condominium (1925). Sold: $490,000. Listed at $449,000. Living area: 1,065 sq.-ft. 5 rooms, 2 bedrooms, 1 baths. On the market: 62 days.
• 16 Troy Rd., Cape (1950). Sold: $651,000. Listed at $649,900. Living area: 1,306 sq.-ft. 5 rooms, 3 bedrooms, 1 bath. On the market: 74 days.
• 100 Clairemont Rd., Extended Colonial (1930). Sold: $1,225,000. Listed at $1,250,000. Living area: 3,281 sq.-ft. 11 rooms, 5 bedrooms, 4 baths. On the market: 120 days.
• 10 Holt St., Townhouse condominium (2004). Sold: $850,000. Listed at $799,000. Living area: 2,550 sq.-ft. 9 rooms, 4 bedrooms, 2.5 bath. On the market: 57 days.
• 46 Lewis Rd. #2, Walk-up condominium (1924). Sold: $470,000. Listed at $425,000. Living area: 1,182 sq.-ft. 7 rooms, 3 bedrooms, 1 baths. On the market: 50 days.
How does any firm get someone other than their top line executives to move to Boston?
Let’s says mid-level manager Jolene Hightech is moving the family from Huntsville, Alabama (where the percentage of high tech workers in the labor market is second only to Silicon Valley) for a job in Cambridge and decides Belmont is perfect to relocated to because the fabulous schools and a quick commute to work.
In a gated community in the Alabama tech town, they were residing in their less-than-a-decade old 4,000 sq.-ft., four bed, four bath Federalist-style abode on Thayer Street. The amenities are numerous; a formal living, dining room and library – known as “the great room” – with hardwood floors opens to a big kitchen with access to the back patio. Upstairs is the master bedroom suite with a “Glamour Bath.” Homeowners can enjoy outdoor living in the covered front porch after parking their three cars into the garage. Across the street are two parks, a main clubhouse (it is a gated community) with an Olympic-sized pool, “and the neighbors who are all most kind, considerate, and friendly.” It is the South, y’all.
The price tag in ‘bama: $650,000.
So Jolene comes to one of the many friendly Belmont salespeople and says, “What can I see in the $650,000 price range?

$650K will get you this in Huntsville, ‘Bama.

and this in Belmont, Mass.
How about a 65-year-old post war framed Cape – with original wallpaper – in which the entire house could fit into the Huntsville’s “great room?” The bad news; there is only one bath room for the entire household. The good news, it’s inside. There is a chance that Jolene could carve out a study on the first floor but that would require sacrificing a bedroom that was cubby cornered next to the living room. And while there isn’t a pool nearby, the commuter rail is a dependable wake up alarm as it rumbles by at 5 a.m.

Kitchen on Troy Road, Belmont, and …

… kitchen in Huntsville.
Seriously, how do salespeople in Belmont convince transplants what they are obtaining is anything close to what they are leaving? That’s a mystery to me.

The “great room” in Huntsville.

The study/bedroom in Belmont.
What needs to be done is convince developers to build mid-priced housing in the suburbs so inventory in this much needed sector can grow. But all the news in Boston and eastern Massachusetts is that luxury, high-end developments – such as the new multistory towers in downtown Boston and the Fenway and around the transportation hubs in nearby communities – are the only thing anyone wants to build, a segment of the market that has adequate supply.
And now you know why high tech jobs are migrating to North Carolina, the northwest coast of Florida and Alabama.

Outdoor living in Huntsville, (you can see the Olympic-sized pool and two parks from here.)

And in Belmont.