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Seaport District’s average asking price now more than $2,000 a square foot

It looks like Boston has never before had a neighborhood crest that sum—congratulations?


The average asking price for market-rate homes in the Seaport District was $2,117 a square foot as of early June, according to an analysis from real estate research site NeighborhoodX.

That makes it the only neighborhood in Boston averaging more than $2,000 a foot for its available homes. And it may just be the first Boston neighborhood ever to crest that sum for any sustained length of time.

The hefty average is due to a couple of things. One, the Seaport has seen quite a bit of luxury condo development. Two, the NeighborhoodX analysis draws on properties within a sharply defined Seaport—it used Seaport Boulevard and Boston Wharf Road as the boundaries between the Seaport and relatively more affordable Fort Point.

Thus, per NeighborhoodX research director Constantine Valhouli, “Boston now has a neighborhood where the average asking price has broken the $2,000-per-square-foot barrier.” Congrats?