In South End, the average asking price per square foot reached $1,068 in June, according to data from NeighborhoodX. This can provide a reasonable estimate of the typical listing price and perceived value of homes in a neighborhood that’s been changing just as rapidly as those surrounding it.
Still, the range between the highest and lowest listing prices varied considerably, from $685 per square foot (on a 1,224 square foot, two bedroom condo) to $1,584 per square foot (for a 1,823 square foot, three bedroom condo). The lowest price per square foot ($685) was located at 325 Columbus Ave #7, while the highest ($1,584) is at 40 Traveler PH8.
The report suggests that the price for an entry level, one bedroom property ranges from $470,000-$745,000.
Comparing the price per square foot with the price range is a way that NeighborhoodX displays a more complete picture of the pricing within South End and highlights bargains that may still exist within the neighborhood and the rest of the city. The $900 range in asking price per square foot suggests that there may be hidden gems in this quaint part of town. In areas closer to hotspots such as the Boston Center for the Arts, prices are steeper. For example, the SoWa Arts District has become a hub for art galleries, studios and restaurants.
