NeighborhoodX - East Boston (Mar. 2018)

As of March2018 202March2018, the average asking price for East Boston is $518 per square foot. However, the individual properties that comprise this average range from $230/sq.ft. (a 4,336 sq.ft. multi-family at 239 Lexington St. (Eagle Hill) asking $999,900) to $889/sq.ft. (a 1,051 sq.ft. 2BR condo at 65 Lewis St. #308 (Lower Eagle Hill) asking $935,000).

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.