One of the sadder facts of life is that the more you can spend on a house, the more options you will have. Many factors go into making that leap - affordability, convenience, size, proximity to transportation. This begs the question: What's truly affordable these [...]
Condo prices all across Boston are skyrocketing as the spring market kicks off. Urban areas, from upscale to affordable, are leading the charge.
Somerville, Jamaica Plain and increasingly upscale Charlestown saw some of the biggest increases as did Brighton, Medford and West Roxbury.
And it’s not just rent prices that are on the rise. Sales are up by double digits in the same areas as well. The median condo price in Massachusetts went up 10% in March, clocking in at $320,000 which is more than the median price of a single-family home ($315,000).
A townhouse in Charlestown, Massachusetts built in 1845 goes on the market for $1.48 million!
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