Beacon Hill 2023 Real Estate Market Recap
Beacon Hill, the neighborhood famed for stunning Beacon Hill Brownstone did not have its best year. Home sales in Beacon Hill were down by 27.5% as we sold 129 units in 2023. This is compared to the 178 closed units in 2022.
The median sales price was also down for Beacon Hill Real Estate. The median price in 2022 was $1.250 million dollars which represented a .99% decrease in the sold median sales price. The median sales price in 2022 was $1.625 million.
Oftentimes, especially in the city, a new large (luxury) building that is being developed and hits the market can throw off the sales levels and pricing for a specific neighborhood. In this case we can contribute some of this disparity to 110 Sudbury Street which is a 55 unit luxury building. We also had the continued sell out of the Archer Residences at 45 Temple Street which is a 62 luxury building.
You can check out the current Beacon Hill Homes For Sale .