The Boston condo market is a very competitive one, and the average price for Boston Downtown condo is above $1M at this point in time. So it takes some serious strategizing, compromising and an open mind when it comes to finding a condo for under $500,000.
Most Boston condo buyers in this price range realize quickly that if they want a condo in the $400,000 – $500,000, they’ll need to go beyond buyer-saturated neighborhoods like Back Bay/Beacon Hill, Seaport/Waterfront or Downtown/Midtown. Because for every ten people who’d like to live in Boston Proper, there may only be a handful of condominiums for sale in that price range.
That’s why I decided to highlight some condos in that most desirable price range.
Make no mistake: condos in these neighborhoods are fetching multiple offers and over-asking prices. But if you approach your purchase the right way, your offer could be the one that prevails. So here, for your consideration, are my picks:
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SEARCH FOR CONDOS FOR SALE AND RENTALS
- Back Bay
- Beacon Hill
- Charlestown Navy Yard
- Dorchester Heights
- Jamaica Plain
- Leather District
- Seaport District
- South Boston
- South End
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Updated: 1st Quarter 2018