North End Market Update

Real Estate Agent

North End one bedroom condos (popular with first-time buyers) and West End one bedrooms (popular with medical residents and professionals) have shown good growth over the past 6 years.

In the January 1, 2007 - March 1, 2007 time frame, the average price of a one-bedroom was $306K or $495.00 a square foot (all information obtained from MLSPIN).

In the same period in 2013, the prices jumped 20% to an average price of $368K or $634.00 a square foot.

Given the lack of inventory, low interest rates and rising rents I think the one-bedroom / two-bedroom market in these areas is going to be very competitive for the Spring 2013 market. Make sure you have a buyer agent experienced with multiple-bid situations, like Buyer Agents of Boston, so your dream home will be come a reality.

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