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What is the average price of a downtown condo in 2026?

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What is the average price of a downtown condo in 2026?

The average sale price for a condo in downtown Boston is approximately $1,927,500 as of early 2026. This represents a significant premium compared to the citywide average condo sale price of $1,096,361.
 
The market in 2026 is characterized by a “recalibration” phase with modest single-digit appreciation expected between 2.5% and 4%.
 
Downtown & Luxury Segment Pricing (2026)
 
Prices vary significantly based on specific downtown neighborhoods and the level of luxury:
  • Financial District: Median sale price of $2,581,500.
  • Midtown: Median list price of $2,387,500 with a high price per square foot of $1,683.
  • Seaport District: Median sale price of $1,800,000.
  • Beacon Hill: Median sale price of $1,810,000 as of February 2026.
  • Luxury Entry Point: The “luxury cutoff” for downtown condos is generally considered to be $2.0 million.
Market Trends and Forecast
  • Price Movement: While citywide median prices for condos sit around $850,000, downtown areas continue to command much higher values due to limited inventory.
  • Inventory: There is a modest increase in listings, which is starting to give buyers more negotiating power compared to the post-pandemic peak.
  • Mortgage Rates: Rates are projected to stabilize between 5.75% and 6.75% throughout 2026.
  • Carrying Costs: Buyers should factor in high monthly costs; downtown luxury high-rise HOA fees often exceed $1,000 per month.

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What is the average price of a downtown condo in 2024?

Average price of a Boston downtown condo in 2024 is $1,050,000, according to MLS.

The average sales price per square ft. is $1,010.00.

Sales price and price per sq ft. rose slightly from 1st Q of 2023.

The data is based on 1st Q MLSPIN stats

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Updated: Boston Real Estate Blog 2025

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