North End - 02109
Come Live in North End
The North End’s demographic probably still consists of 30%-40% Italian-American which has given the area a reputation for fine Italian dining. In fact, the area has become a tourist mecca with all the fine Italian restaurants and bakeries to choose from. Our son’s favorite haunt is Mike’s Bakery where he buys huge “lobster tails”. The Freedom Trail includes sites in North End.
Since we do not live in a perfect world, we need to be aware of criminal activity that might be around us when contemplating buying in or near a big city. Learn more about community services in your neighborhood or area in which you might be interested in living simply by entering your street address here.Real estate sales and pricing are very fluid and can fluctuate in a matter of hours because homes come on and off the market daily… even hourly. If you have a specific property in mind that you are considering buying, The City of Boston maintains a database for the City Assessor which you can access to see what value the City gives the property and what the annual taxes are.
Boston also offers a residential tax break for primary residences. Apply if your purchase qualifies.
The following chart is a visual representation of the cyclical nature of real estate activity and compares the ups and downs of North End to those of all of the city of Boston. The taller the column the better it is for buyers. The shorter the column the better it is for sellers. Hence 2006 was the best time for a buyer to buy in North End, while 2013-2018 were great years for sellers. However, the graphic below indicates a weakening seller’s market for both North End and the rest of Boston.
Housing in the North End consists principally of condominiums. Consequently, there is a great number of renters occupying the area. Being a highly desirable area to renters, you will be fortunate if you can find a one-bedroom for less than $1,300/month. The median price for a one-bedroom is closer to $2700! The odd single-family home, like the skinny house, sell from $1.25M to $1.5M. Condos run from $325,000 – $2.25 million depending upon size and amenities. Surprisingly, there have been even more sales of multi-family homes than single-family. Those sellers have been asking from $1.4M to $8.65M.
This next chart shows the number of sales occurring in North End month-to-month, year-to-year since 2018 and provides you a historical overview of the best times to sell – months with the greatest number of sales (spring and fall) – and the best times to buy – months with the fewest number of sales (summer and winter). CAVEAT: there are usually more homes to choose from in the first half of the year.
*AR stands for Absorption Rate. An AR of 3 or less indicates more inventory than buyers and is termed a seller’s market. An AR of 6 or more indicates a short supply of buyers to absorb all the inventory and is termed a buyer’s market.
Bookmark this page and check back anytime to see what is currently available in North End. Unlike other search sites which include properties already under contract, this site only shows properties that are truly available. Additionally, you can pick which type of housing – single-family, condo, or multi-family – to see at a glance.