The prices per square foot for the most expensive and the least expensive East Boston homes for sale are surprisingly similar, according to a new analysis of market-rate listings from real estate research site NeighborhoodX.
Make no mistake: There is a gnawing chasm between the aggregate price tags of the higher and the lower ends. But, when broken down into the better per-foot measure, they’re not too widely divergent going into the fall.
The most expensive listings in the fast-changing neighborhood run from $384 a square foot to $568 a square foot. The least expensive listings range from $341 to $605. The chart below gives the aggregate totals of Eastie priciest and least expensive listings right now. This link breaks down the per-square-foot costs.
"This chart highlights the importance of using different metrics to evaluate a property," according to NeighborhoodX co-founder Constantine Valhouli, "and underscores how, in general, smaller properties like 182 Marion Street can command a higher price per square foot than larger properties even in the same building or neighborhood."
Indeed.
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