The average listing price in Jamaica Plain in 2018 is $613,000, up 8% since last year. With just 35 listings on the market, and 42 under agreement in March (with the average days-to-offer at 10 days) Jamaica Plain has transitioned into a hotbed for families and young-professionals.
The average sale price in 2018 is over $633,000, but with the large spectrum of pricing, deals still exist.
- In April, newly renovated 171 South Street Unit 2A sold for $293,000 – a steal for a studio with transit access. Within one week, the property had a cash buyer.
- On the contrary, recently constructed 16 Rockview Street – Unit 16, sold for $1,450,000 in January. This was the most expensive transaction this year.
Today, the average price per square foot is $526, up 7% since 2017. Due to market constraints, average listing prices in June have soared$673,611, indicating the lack of available condos.