South Boston Real Estate continues its upward trajectory – check out these recent sale prices

I can recall the first home sold for $500,000 in the neighborhood.  It was mind-boggling to a person who grew up in South Boston that real estate could be that expensive.  Now, $500,000 is cheap.  Real estate in Southie now averages well over $1M, and prices show no sign of slowing down.   Recently, MassLive posted about recent real estate sales in the neighborhood, with prices ranging from $1,150,000 to a whopping $2,625,00.  Wowza!

You can see the post below aggregated by Real Estate Newswire via MassLive: 

A spacious historic three-unit house located at 737 East Seventh Street in South Boston has a new owner. The 3,249-square-foot property, built in 1905, was sold on Aug. 15, 2024, for $2,625,000, or $808 per square foot. This three-story triplex features a total of seven bedrooms and seven baths. The home’s external appearance showcases a flat roof design. The interior features just one fireplace. The property is equipped with forced air heating and a cooling system. The lot of the property covers an area of 3,125 square feet.

These nearby houses have also recently been purchased:

  • On N Street, South Boston, in November 2022, a 1,911-square-foot home was sold for $1,150,000, a price per square foot of $602.
  • A 3,732-square-foot home at 665 East Seventh Street in South Boston sold in October 2023, for $1,849,000, a price per square foot of $495. The home has 6 bedrooms and 3 bathrooms.
  • In July 2023, a 2,730-square-foot home on East Fourth Street in South Boston sold for $1,725,000, a price per square foot of $632. The home has 4 bedrooms and 3 bathrooms.

4 Comments

  1. JUSTYN TYME September 12, 2024 at 4:48 pm - Reply

    When talking Real Estate Price ANYWHERE the Cardinal Rule is; LAND, LAND, LAND. The price is always for the LAND not the building on it. The location depending upon where you are talking about can drive the price UP. e.g. SOUTH BOSTON! South Boston is a HOT SPOT and has been for some time. Ask any Realtor and they will agree with me. No building is worth the prices we see them advertised for! My Grand Parents bought a 3 Decker on P St between Broadway and Fourth St in 1952 for $5000.00 Cash. Today each floor in that house
    (1 block from the beach) is priced at 1 Million +. LAND and LOCATION!

  2. freddyboy October 1, 2024 at 10:53 pm - Reply

    Busing destroyed family housing in SB

  3. David Cangemi October 10, 2024 at 5:45 pm - Reply

    I was born and raised in South Boston. I was born at 605 east fifth Street. My father paid $3500 for the three story story house in the nineteen thirties. I now live in Florida and found that the house I was born in , in 1943, is now worth over $3000000.00 3 Million dollars where does tis money come from? moreover :.Are these buyers recently let out of insane asylums?

  4. David Cangemi January 1, 2025 at 7:58 am - Reply

    Southie was a great place to grow up in the 40″ and up to the 60’s , I walked to the Joseph Tuckerman school, and walked to the Thomas N Hart Grammar school, then walked to the Patrick F. Gavin JR High school. at a recent visit to my home town I was appalled at what that nice community has become. it saddens me to see the ridiculous gentrification that has changed a wonderful community, I guess money talks big time in Southie, end of story.

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