One corner of Boston is home to its Museum of Fine Arts and Symphony Hall — along with the country’s priciest residential real estate.

The 02115 ZIP code — encompassing part of the city’s Back Bay neighborhood — ranks as the nation’s most expensive in terms of median home price per square foot, according to Realtor.com data reported by the Wall Street Journal.

The median price per square foot for a Back Bay condo for sale in the ZIP code last month was $2,663. The neighborhood has some local factors skewing it toward the top of the price charts. 

One is that there’s not an overwhelming amount of inventory, as the ZIP code is home to various hospitals, educational institutions, museums and student housing. Last month, there were only 27 active listings in 02115, down 32.5 percent year-over-year.

Second, there’s a 61-story luxury tower that dominates the residential landscape of the ZIP Code. Carpenter & Company developed One Dalton, which has a Four Seasons hotel with 158 private residences. Sales in the building can exceed $4,000 per square foot, skewing the neighborhood’s median price point.

Ford Realty Inc. – One Dalton St

“If something is in good condition, you’ll see bidding wars and the property going over asking,” Caluori said.

The median list price in 02115 was approximately $4 million last month, a jump of 37.2 percent year-over-year. Homes spend a median of 117 days on the market, according to Realtor.com.

Where is Ford Realty Located?

Ford Realty is located in 137 Charles Street in Beacon Hill

Byline – John Ford – Boston Seaport Condo Broker.

Ford Realty Inc., Boston Real Estate for Sale

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Updated: Boston Real Estate 2024