NeighborhoodX - South Boston (Mar. 2018)

As of March2018 202March2018, the average asking price for South Boston is $747 per square foot. However, the individual properties that comprise this average range from $391/sq.ft. (a 3,060 sq.ft. multi-family at 565 E 7th St. (Eastside: Dorchester Hts.) asking $1,199,000) to $1,346/sq.ft. (a 1,707 sq.ft. 2BR condo at 14 W Broadway #906 (Westside) asking $2,299,000).

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.