Boston's Charlestown, Massachusetts

Charlestown

Market Insights

• 15% fewer units hit the market in Charlestown in 2022 over 2021. Resulting in units transacted decreasing 18%, while a lack of inventory lead to a record average selling price of $944,211, an 11% increase from the prior record set in 2021.
• Average price per square foot set a new record of $826, an 8% increase from the prior record set in 2021. Indicators that buyers had a challenging time competing for limited product are that homes sold 38% faster, sitting for only three weeks on average, and homes now sold on average for exactly that of their original asking price, a one-point increase over the prior year.
• The priciest home sold was a corner parlor duplex on Monument Square for $2.65 million replete in Charlestown history and period era elegance.