Boston's Beacon Hill, Massachusetts

Beacon Hill

Market Insights

• Homes transacted were down 20%, prices set new records with the average selling price increasing 23% year-over-year to $1,727,451, an 8% increase from the prior record set in 2019
• Average price per square foot set a new record of $1,276, a 3% increase from the prior record set in 2020. 2022 buyers faced an increasingly competitive market with key indicators such as days-to-offer (homes sold 31% faster) and original list to sales price ratio (at 97%, up one-point) favoring sellers.
• The neighborhood’s most expensive sale was a recently converted four-bedroom penthouse on Beacon Street with unparalleled views of the Boston Common.