With Boston Condo Prices Climbing, What Can You Buy For Under $600K?

BOSTON, MA — Prospective Boston condo buyers are probably aware of this fact, but allow me to say it anyway: the price of condos around the city are rising.

Last week's real estate column focused on the continued rise of median sale price for both single-family homes and condos in Massachusetts, but it also included a nugget that stuck with me throughout this week.

In the Greater Boston area, not only are home prices rising, but condos are about to cross a threshold that's intimidating for potential buyers: The average sale price of a condo is close to $600,000.

To be specific, through February 2023 the median condo price sat at $550,000. Through February 2024? $592,000.

In this week's column, we've found a few options around the city that fall below that $600,000 threshold. Take a look:

534 Beacon St., Boston, Mass.

• $599,000

From a listing:

"Back Bay charm meets city conveniences! Move right in to this sun-drenched & pet friendly 3RM, 1BR cheerful unit on the 6th floor of The Charlesview. Enjoy beautiful streetscape views & southern exposure bathing the unit in natural light all day long. Open and updated kitchen features granite countertops and a large peninsula island for easy entertaining. Oversized tiled bathroom, generous closest space & hardwood flooring throughout. Central AC. This professionally managed elevator building boasts an on-site concierge for ultimate convenience & added peace of mind. Heat & hot water is included in the condo fees. Experience the best of what Boston offers right at your doorstep. Indulge in the diverse dining scene of Back Bay & Kenmore, explore the shops on Newbury St, walk your dog or just stroll along the Commonwealth Park or the Charles River. Close to MIT, Berkley & BU (The BU Bus stop is right next door). Easy access to the T & public transportation."

51 Jeffries St., Boston, Mass.

• $565,000

From a listing:

"Welcome to the desirable Jeffries Point neighborhood! Enjoy the benefits of a low condo fee with this beautifully renovated two-level condo. This home has undergone extensive renovations, resulting in virtually maintenance-free living. Updates include windows, siding, plumbing, and electrical systems, along with state-of-the-art Navien water heaters. The kitchen boasts a complete redesign with new cabinets, stainless steel appliances, exquisite quartz countertops, a stylish backsplash, and a spacious island. Laminate wood flooring throughout enhances the modern and chic ambiance. Both bathrooms are showcasing stand-up showers, sleek black fixtures, and elegant glass shower doors. Newer paint adorns the entire home, and residents can delight in a communal backyard space. Proximity to many restaurants, parks, golf course, medical facility, and many more area amenities. Overall, this renovated condo represents a true treasure in Jeffries Point."

57 Brighton Ave., Boston, Mass.

• $472,500

From a listing:

"Rare opportunity to own at Deacon Condos! Whether you are an investor or first time home buyer this unit is not to be missed. This well maintained spacious unit offers gleaming hardwood floors in the bedroom, living room and oversized hallway that is filled with natural sunlight. The galley kitchen has granite counters, exposed brick wall and tile flooring that gives a modern rustic vibe. Close proximity to the supermarket, BU, greenline and the mass pike... a commuters dream!"