Boston Real Estate for Sale

If your property buying checklist includes a unit on the top floor of a high rise building, 360 degree views, or a 24-hour concierge, you’re likely looking for luxury condo in Beacon Hill or Midtown Boston. Although the process of high end real estate is the same as buying a lower priced home, there are a handful of mistakes that buyers commonly make.

Mistake 1: Not Enough Research

Market research is crucial when buying a Beacon Hill condo. Buyers need to make sure that the appraisal and asking price are in line with the current luxury market in Beacon Hill. Buyers should plan for a professional home inspection performed by a reliable home inspector who is familiar with the area.

Mistake 2: Lack of Financing Preapproval

Despite common misconceptions, there is only a small percentage of Boston luxury condo buyers that make all cash deals. The remainder of homebuyers must rely on financing. In the luxury condo market, sellers may restrict showings to individuals who have been preapproved, so it’s important to obtain mortgage approval, which can take anywhere between 45 and 60 days, prior to searching for a condo, loft, or penthouse in Beacon Hill.

Mistake 3: Underqualified Real Estate Agent

The typical Boston condo market is much different than the luxury housing market and or the Beacon Hill condo market, so your run-of-the-mill real estate agent likely isn’t experienced enough to help you in your quest for a luxury property in the downtown district. A qualified agent that specializes in luxury real estate downtown understands the valuation of high-end properties and his or her experience can find the right property for your needs, explain the amenities of specific buildings, and assist you with high-priced negotiations.

Mistake 4: Lack of Preparation

Since the buying process is a little more detailed in regards to Beacon Hill real estate, you will be required to provide more information. It is not uncommon for sellers – and lenders – to ask about your line of work, current assets, and even statements from accountants in an effort to ensure that your means are adequate enough to even be considered as a purchasing contender. Be prepared to present this documentation to solidify a deal.

Mistake 5: Not Considering Taxes and Down Payment

Even individuals looking at luxury properties need to set a budget. The budget should not only include the list price of the home, but property taxes. It is also vital to understand that required down payments will be larger and there will likely be different homeowner’s insurance requirements. All of these factors affect your buying budget, as well as your monthly payments, and even your approval amount.

Now that you know the most common mistakes of luxury real estate buyers, you’re ready to start your property search in Beacon Hill and speak to one of our experienced and professional real estate agents. We specialize in the downtown real estate and invite you to check out our inventory of luxury penthouses, lofts, and condos for sale in Downtown Boston. We look forward to hearing from you.

Optic/Map Beacon Hill Condo Search


View Boston Boston Beacon Hill condos for sale.

Sorry we are experiencing system issues. Please try again.

Newest Beacon Hill Condos for Sale

Sorry we are experiencing system issues. Please try again.

Buying a Beacon Hill condo for sale

Click here back to Boston Real Estate Home Search

Boston condos for sale for 2020

Back Bay condos for sale 2020

Beacon HIll condos for sale

Charlestown condos for sale under $1M for 2020

Boston downtown condos for sale for 2020

Boston Downtown real estate

Boston High rise condos for sale

Boston Midtown condos for sale 2020

Boston North End condos for sale 2020

Seaport Condos for sale 2020

Boston Apartments for rent

Contact me to find out more about this property or to set up an appointment to see it.

John Ford, Broker
Janet Lamb, Vice President
Ford Realty
137 Charles Street
Boston, MA 02114
(617) 720-5454 (9:00 – 5:00 EST)
(617) 595-3712 (On Call Broker After Hours)

Beacon Hill Population Demographics


Total Population5,075
Male Population2,465
Female Population2,611
Male Population 48.57 %
Female Population 51.45 %
Median Age33
Citizen US Born4,022
Citizen not US Born594
Not Citizen460
Citizen US Born 79.25 %
Citizen not US Born 11.7 %
Not Citizen 9.06 %
Moved from Abroad154
Moved from Same Country626
Moved from Same State407
Moved from Different State392
Same House as Last Year3,472
Moved from Abroad 3.03 %
Moved from Same Country 12.33 %
Moved from Same State 8.02 %
Moved from Different State 7.72 %
Same House as Last Year 68.41 %

Occupational Employment in Beacon Hill

White Collar3,022
Blue Collar69
White Collar59.55 %
Blue Collar1.36 %
Self Employees166
Private Companies2,137
Governmental Workers144
Not for Profit Companies643
Self Employees 3.27 %
Private Companies 42.11 %
Governmental Workers 2.84 %
Not for Profit Companies 12.67 %

Number of Households in Beacon Hill

Total Households2,532
Average People Per Household2
Family Households831
Non-family Households1,701
Non-family Households 16.37 %
Family Households 33.52 %
Households with Children304
Households without Children2,228
Households with Children 5.99 %
Households without Children 43.9 %

Median and Average Income in Beacon Hill

Average Household Income$159,432.38
Median Household Income$107,838.00
People below Poverty Level581
People above Poverty Level4,107

Housing in Beacon Hill

Occupied Housing Units2,532
Owner Occupied859
Renter Occupied1,673
Owner Occupied 16.93 %
Renter Occupied 32.97 %
With Mortgage479
Without Mortgage380
Median Value with Mortgage$698,850.00
Median Value without Mortgage$916,950.00
Median Housing Costs per Month$2,286.00
With Mortgage 9.44 %
Without Mortgage 7.49 %

Beacon Hill Education Statistics

No High School37
Some High School448
Some College339
Associate Degree94
Bachelor’s Degree1,733
Graduate Degree1,764
Never Married2,381
Never Married 46.92 %
Married 34.66 %
Separated 0.67 %
Widowed 1.99 %
Divorced 6.82 %

Means of Transport to Work in Beacon Hill

Bus or TrolleyBus148


Click Here: Back to Boston Real Estate Home Search

Back to homepage: Boston condos for sale

Ford Realty – Boston Real Estate Google Reviews 2019

Boston Condos for Sale Near Downtown/Midtown Boston

Back Bay Boston condos for sale 
Beacon Hill  Boston condos for sale
Charlestown Boston condos for sale
Navy Yard Charlestown  Boston condos
Dorchester Boston condos for sale
Fenway  Boston condos for sale
Jamaica Plain Boston condos for sale
Leather District Boston condos for sale
Midtown/Downtown  Boston condos for sale
Seaport District Boston condos for sale
South Boston condos for sale
South End Boston condos for sale 
Waterfront condos for sale 
North End condos for sale
West End  condos for sale
East Boston condos for sale

Back to homepage

Beacon Hill  Boston condos for sale

Back to homepage

Call Now