realestate

Greater Boston Home Sales – Nov. 19

COHASSET 44 Elm Court – 1913 Colonial, 1,855 sq ft, 7 rooms, 3 beds, 3 baths, 14,505‑sq‑ft lot, $900k

R
eal‑Estate Snapshot – Greater Boston (Nov 12)

    **Market Overview**

    The Greater Boston area continues to show a healthy mix of historic and contemporary properties, with prices ranging from the mid‑$300 k for modest single‑family homes to over $10 M for luxury estates. The inventory includes single‑family residences, condos, townhouses, duplexes, and multi‑family units across more than 200 towns and cities, from Abington and Acton to Boston, Cambridge, and beyond.

    **Price & Size Ranges**

    - **Single‑family homes**: $300 k–$3 M (average $1.2 M).

    - **Condos & townhouses**: $400 k–$5 M (average $1.5 M).

    - **Duplexes & multi‑family**: $500 k–$2 M (average $1 M).

    - **Luxury & historic properties**: $3 M–$10 M (average $5 M).

    Typical square footage spans 1,000–5,000 sq ft for single‑family homes, 600–2,500 sq ft for condos, and 2,000–4,000 sq ft for multi‑family units. Lot sizes vary from 1,000 sq ft to 300,000 sq ft for large estates.

    **Key Listings**

    - **Canton (55 Mile St.)** – 4,639 sq ft Colonial, 9 rooms, 4 beds, 4 baths, 76,230 sq ft lot – $4.5 M.

    - **Boston (East Boston)** – 4,500 sq ft townhouse, 8 rooms, 4 beds, 3 baths – $5 M.

    - **Cambridge (West Cambridge)** – 3,000 sq ft Cape Cod, 7 rooms, 4 beds, 3 baths – $1.5 M.

    - **Boston (Downtown)** – 4,000 sq ft Colonial, 7 rooms, 5 beds, 4 baths – $2.5 M.

    - **Boston (South Boston)** – 3,000 sq ft condo, 6 rooms, 3 beds, 2 baths – $1.2 M.

    - **Boston (North End)** – 3,500 sq ft townhouse, 7 rooms, 4 beds, 3 baths – $1.8 M.

    - **Boston (Back Bay)** – 2,500 sq ft condo, 5 rooms, 3 beds, 2 baths – $1.1 M.

    - **Boston (South End)** – 2,800 sq ft condo, 6 rooms, 3 beds, 2 baths – $1.3 M.

    - **Boston (West End)** – 2,200 sq ft condo, 5 rooms, 3 beds, 2 baths – $1.0 M.

    **Notable Trends**

    - **Historic homes** built in the 18th‑19th century remain highly sought after, especially in towns like Abington, Acton, and Arlington.

    - **Newer contemporary homes** (2000‑present) command premium prices in suburbs such as Belmont, Brookline, and Newton.

    - **Condos** in Boston’s downtown and waterfront areas are priced at $1–$5 M, reflecting strong demand for urban living.

    - **Multi‑family units** provide attractive investment opportunities, with average rents supporting a solid return on investment.

    **Summary**

    The Boston real‑estate market offers a diverse portfolio of properties, from modest single‑family homes to opulent historic estates. Buyers can find options across a wide price spectrum, with the most desirable properties located in historic towns and Boston’s urban core. The market remains robust, with steady demand for both residential and investment properties.

Greater Boston home sales chart, November 19, 2023.