The real estate sales market in South Boston is hot. In the last 6 months 306 properties have sold in South Boston, beating Back Bay, Beacon Hill, and South End. This could be due to a combination of facts:
- South Boston is a larger neighborhood than the above mentioned neighborhoods and would have more inventory
- You get more for your money in South Boston than in the other Downtown Boston neighborhoods
- Buyers are excited about the new investment opportunities and developments taking place in South Boston
According to MLS, over the last 6 months in South Boston, 2 single family homes and 9 condos have sold between $650-$750K. The average sold price per square foot was $260 for single family homes and $403 per square foot for condos.
This single family home listed for $679,000 could be converted into a two family home making it into an income generating property. At 2,880 square feet and with 4 bedrooms, 4 bathrooms, and 2 kitchens, this home sold in 8 days for $665,000.
This charming 3 bedroom, 2.5 bathroom is located in one of the most desired and famous locations in South Boston, Dorchester Heights. This renovated townhouse has 2,250 square feet of living space, was listed $649,000, had an accepted offer after being on the market for two weeks, and sold for $650,000.
Originally listed for $679K , this 2,478 square foot 3 level renovated condo has everything. With 3 bedrooms, 2.5 bathrooms, parking, 3 decks, and a spacious open layout, it is no wonder it sold after 10 days on the market for $668,500.
Over on the West Side of Southie, this newly constructed condo has 2,000 square feet of living area with 4 bedrooms, 2.5 bathrooms and a full 3 car garage underneath. Originally listed for $699,900, this condo sold for $670,000 after 136 days on the market.