NeighborhoodX - East Boston (Sep. 2018)

As of September2018 202September2018, the average asking price for East Boston is $456 per square foot. However, the individual properties that comprise this average range from $233/sq.ft. (a 4,458 sq.ft. multi-family at 456 Saratoga St. (Lower Eagle Hill) asking $1,039,721) to $829/sq.ft. (a 650 sq.ft. 1BR condo at 250 Meridian St. #402 (Lower Eagle Hill) asking $539,000).

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.