What does $450,000 buy you in Somerville? What was once a working class city characterized by high crime rates and low incomes has grown rapidly in recent years, transforming into an artistic and politically active community. The average price per square foot of sold condominiums in 2018 reached $568, an 11% increase since last year. The average […]
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Million Dollar Condos Are The New Reality What was once a neighborhood characterized by its affordable property values and family-run restaurants has transformed into a rapidly-developing market filled with million-dollar homes. In 2018, the average sale price in South Boston skyrocketed to $803,513, up 10% from 2017 and 86% from 2008. South Boston’s housing market […]
Read MoreWant a Deal? Find a Studio in Jamaica Plain The average listing price in Jamaica Plain in 2018 is $613,000, up 8% since last year. With just 35 listings on the market, and 42 under agreement in March (with the average days-to-offer at 10 days) Jamaica Plain has transitioned into a hotbed for families and […]
Read MoreCHARLESTOWN CONDO SALE PRICE HITS $765,383 This year, the average list price for a condominium in Charlestown is $750,010, with the average sale price reaching $765,383. In the past 6 years, sale prices have surpassed the average list prices by 2%, indicating the high demand for condos in this historic sub-market. Since 2012, the average […]
Read MoreThe North Shore is on Fire, but For How Long? Since 2012, the average growth for two-plus multi-family buildings on a price per square foot basis in Salem was 10%, Saugus 11%, Revere 13% and Lynn 15%. Compared to Boston’s average multi-family growth rate of 6% between all sub-markets, the North Shore has distinguished itself […]
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