2019 AT A GLANCE
2019 was a landmark year in Boston’s condo market as a wave of new luxury construction projects throughout the city begin to close. Just as the closings at Millennium Tower did in 2016, Pier 4, One Dalton, and Echelon sales pushed 2019 sales prices and price per foot metrics to new heights and dramatically impacted the overall Boston condo market; for the first time, multiple buildings have had sales that breached the $4,000/sf threshold, and average $/sf for buildings outside of Back Bay and Beacon Hill have crossed the $2,000/sf line. This signals that the top end of the luxury condo market continues to be strong in this economy heading into 2020.
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