South Boston Condo Market: A Look at the Current Landscape
The South Boston real estate market is heating up, and the condo market is no exception. With 53 active listings, South Boston is seeing a high demand for its prime location, vibrant community, and growing dining and entertainment scenes. The average list price for condos in the neighborhood is $1,156,231 and they have been on the market for 57 days.
Comparing this to a year ago, we see a significant increase in the average list price for condos in South Boston. In the same time period last year, there were also 53 condo listings in the neighborhood, with an average days on market of 75. However, the average list price was significantly lower, at $950,789. This shows that the South Boston condo market is in high demand, with prices steadily increasing over the past year.
Potential buyers should be prepared for a competitive market, with many listings receiving multiple offers. It is important to work with a knowledgeable and experienced real estate agent who can help you navigate the buying process and secure your dream home in South Boston.
Overall, the South Boston condo market is a thriving and growing industry. With its attractive location and growing community, it is no surprise that it is a popular choice for buyers. Whether you're a first-time home buyer or looking for your next investment, the South Boston condo market is definitely worth considering.
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