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South Boston Condo Market: A Look at the Current Landscape in Feb 2023

By
Real Estate Agent with Signal Real Estate

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.

Comments (10)

Charles Ross - eXp Realty LLC
eXp Realty LLC Salina Group - Salina, KS
Love To Help People

Excellent local information, Thank you for sharing. Have a wonderful day and a blessed week.

Feb 03, 2023 02:23 AM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

Hi,

 

Welcome to the Rain. Enjoyed your blog

page, and I added you as a friend. I would love the follow back.

Families on the move will appreciate your local real estate expertise.

Bill

Feb 03, 2023 06:09 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hello Justin - thank you for this overview of the South Boston condo market.  Welcome to ActiveRain too and congratulations on your first AR post.  Good luck as you continue to discover this community.  Hopefully you can share more about your, your business and your market area.  

Feb 03, 2023 06:10 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Justin and welcome to the Rain where we all help each other and learn from each other.  Make it a great day!

 

Feb 03, 2023 07:57 AM
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

These Condo Reports are perfect for using your Data Base to reach your target audience

Feb 03, 2023 05:16 PM
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

South Boston is a great location - lots of restaurants and places to hang out!  Hard to believe how much Boston prices have gone up in the last year or two! 

Feb 05, 2023 06:00 AM
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Justin Rollo - Welcome to Active Rain - I hope that you enjoy it as much as I do.  We need good information about the Boston market - Keep it coming! 

Feb 05, 2023 06:01 AM
John Pusa
Glendale, CA

Welcome to the ActiveRain community. Congratulations on your first post.

Feb 06, 2023 02:01 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Justin Rollo welcome to ActiveRain, and congratulations on successfully posting your first blog on this site.

Feb 28, 2023 11:37 AM
AJ Heidmann ~ CRS
McEnearney Associates, Inc. - Alexandria, VA
YOUR Alexandria & Arlington, VA Real Estate Expert

Justin ~ Welcome to the ActiveRain community and congrats on your first post updating everyone on the South Boston condo market.

Mar 06, 2023 11:05 AM