South Boston 3-Family Market Report: What Buyers and Sellers Need to Know

South Boston 3-Family Market Report: What Buyers and Sellers Need to Know

 

South Boston 3-Family Sales: What You Need to Know Before Buying or Selling

By Stephen McCarthy

If you're looking to buy or sell a three-family property in South Boston—or anywhere—it’s essential to understand recent market activity. Knowing what similar properties have sold for helps you price your home accurately or make a competitive offer.

📊 Market Overview

According to data from The Warren Group, there were 36 transfers of 3-unit buildings in South Boston between January 1, 2023 and January 4, 2024. This is significantly more comprehensive than the MLS, which reported only 14 sales during the same period.

  • Average Sale Price: Just under $1.3 million
  • Average Price Per Square Foot (PPSF): $575
  • Top Sale: $3.1 million
  • Lowest Sale: $800,000

Three-family homes can be tricky to compare due to varying conditions, layouts, and lot sizes. Properties that sell at the top of the market typically offer exceptional condition, location, or unique features.


🏠 Full Sales Data Table

You can view the complete list of 2023 sales, including lot size, living area, number of rooms, bedrooms, baths, assessed value, sale price, PPSF, and sale-to-assessed value ratio:

👉 View the full HTML table of South Boston 3-Family Sales


📞 Ready to Buy or Sell?

If you're thinking about buying or selling a three-family property and want expert insight into pricing, market trends, or investment potential—let’s talk.

📲 Call Stephen McCarthy at (617) 320-7219 for a personalized consultation and professional guidance.

Your next move starts with the right conversation. Let’s make it happen.

South Boston 3-Family Market Report: What Buyers and Sellers Need to Know
South Boston 3-Family Market Report: What Buyers and Sellers Need to Know

Work With Stephen

I have been a full-time Boston Real Estate Sales Agent since 2001. I focus primarily on the South Boston, MA real estate market. However, I have closed sales throughout Greater Boston. I monitor values and market activity so that I may provide my clients with timely market information and expertise.

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