As of June2018 202June2018, the average asking price for East Boston is $463 per square foot. However, the individual properties that comprise this average range from $256/sq.ft. (a 3,900 sq.ft. multi-family at 460 Saratoga St. (Lower Eagle Hill)
asking $1,000,000) to $740/sq.ft. (a 675 sq.ft. 2BR condo at 45 Lamson #2 (Jeffries Pt.)
asking $499,900).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.