RESIS Real Estate

Boston Condo Market Pricing Update

The entry level price for Boston condos hovers around $500,000 -$600,000, with less than 10% of downtown Boston condo sales trading for $500,000 or lower.  Year to date 2022, the average Boston condo sale is $1,346,417.

As of 3Q 2022, over 50% of downtown Boston’s condos sold for $1,000 per square foot or higher. This percentage is up from 42% of sales by the end of 2021.

The average sale price and percentage of sales over $1000 per square foot will likely achieve a significant new record next year when Winthrop Center and St. Regis Residences Boston both close in the same year.

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