Boston Condo Prices & Sales: A 6-Month Neighborhood Report
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The Boston condominium market has been buzzing with activity over the past six months, and we've gathered the latest data to provide you with essential insights. Covering the period from September 13, 2024, to March 13, 2025, here are the key trends shaping Boston’s real estate landscape.
Boston Condo Market Highlights
Luxury Markets Remain Strong
Boston’s high-end condominium market continues to thrive. Midtown leads the pack with a median sale price of $2,387,500 and a price per square foot of $1,654.33. Not far behind, the Seaport District recorded a median sale price of $1,975,000, with the highest price per square foot at $1,811.16. These areas remain attractive to buyers seeking premium residences in the city.
Most Active Neighborhoods
Transaction volume indicates strong buyer demand across several neighborhoods. The South End recorded the highest number of sales with 135 units sold, closely followed by Back Bay (132 units) and South Boston (124 units). These areas remain hot spots for both buyers and sellers, showcasing continued demand.
Affordability in Certain Areas
For buyers seeking more budget-friendly options, Dorchester (02124) had the lowest median sale price at $580,750, with a price per square foot of $522.24. Other relatively affordable neighborhoods include Roslindale and Dorchester (02122), offering more accessible entry points into the market.
Fastest-Selling Areas
If speed is a priority, West Roxbury stands out with properties spending a median of just 22 days on the market, followed by Charlestown at 23 days. This indicates strong demand and limited inventory, making these areas competitive for buyers.
Market Pace Varies
While some neighborhoods see properties move quickly, others, particularly in the luxury segment, experience longer sales timelines. Midtown properties had a median of 73.5 days on the market, while the Seaport District saw homes taking about 75 days to sell. Higher price points and selective buyers contribute to these extended market periods.
What This Means for Buyers & Sellers
Whether you’re looking to buy, sell, or simply stay informed, understanding these trends can help you navigate Boston’s dynamic real estate market. If you’re interested in a deeper analysis or have questions about your real estate goals, we’re here to help.
Reach out today to discuss how these insights impact your plans in the Boston condo market!
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