Huh???
You know, Medford Street.
In Charlestown.
?
Forbes.com analyzes properties in major US cities and comes up with a list of “Best Blue-Chip Real Estate Investments”.
What’d they find? What you’d expect – Pacific Palisades in Los Angeles, the Upper East Side in NYC.
In Boston, the reporter picks out a block in the Charlestown Navy Yard.
Chelsea Street And Medford Street
Median Home Sale Price: $1.48 million
Price Growth Since 1990: 221%
Located directly on the Boston Inner Harbor, this area of the city has more than a few high rises that take advantage of both city and bay views. Homes are typically smaller–many are apartments–but property values are very high.
It’s probably not a location at the top of your list, if you’re a “luxury” buyer.
Maybe it should be?
Here is a list of properties currently on the luxury market (over $700,000) in Charlestown (21 single-family homes & condos available).
Source: Best Blue-Chip Real Estate Investments – By Matt Woolsey, Forbes.com
Contact me to find out more about Boston condos for sale or to set up an appointment call/text 617-595-3712.
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Updated: 1st Q 2018