NeighborhoodX - Charlestown (Apr. 2018)

As of April2018 202April2018, the average asking price for Charlestown is $725 per square foot. However, the individual properties that comprise this average range from $462/sq.ft. (a 2,376 sq.ft. multi-family at 13 Mystic St. asking $1,100,000) to $959/sq.ft. (a 989 sq.ft. 1BR condo at 197 8th St. #432 (Navy Yd.) asking $949,000).

Why do we report price ranges as well as average price per square foot? We believe that this gives a more complete picture of the neighborhood's pricing. Specifically, a price range gives a sense of the bargains that may still exist in established neighborhoods, but which may be obscured by the average figure. And these ranges also give a sense of the upper end of pricing in emerging neighborhoods.