Real estate sales in Boston have slowed down in the first half of 2022, due to several factors including rising interest rates, rising home prices, and a lack of inventory. According to MLS data, Boston’s median sale price for all residential property types was $805,500 in April 2022. The increase in home prices has left many Boston buyers wondering if it’s still possible for them to buy a home this year. As we mentioned in a previous article, the Boston real estate market may soften for buyers. This means that based on available data, buyers may be better positioned in the second half of 2022.
To give buyers a better idea of what listings are on the market, here are some condos for sale in Boston for $750,000 or less and what they can expect as an approximate monthly payment for these properties.
Approximate Monthly Mortgage Payment: $3,908 a Month
Square Footage: 1,284
Area of Boston: South Boston
If you’ve been looking for 2BD/2BA condos for sale in Boston, this is one of the most spacious units on the market. This unit has an ideal open layout, including a wine bar area. Let’s begin with the gorgeous kitchen. The dark wood cabinets work perfectly with the white marble countertops. The high-end stainless-steel appliances include a countertop range, vent hood, oven, dishwasher, disposal, refrigerator, and wine storage. There’s even a granite breakfast bar, just pull up a few stools and you’re in business. The well-proportioned bedrooms include room darkening shades. The master bedroom has a walk-in closet. The in-unit laundry makes life far more convenient for you.
Condo: 2-bed, 1-bath Condo for sale $719,000
Approximate Monthly Mortgage Payment: $3,705 a Month
Square Footage: 675
Area of Boston: South End
Condos for sale in Boston are getting harder to find in this price range in the South End. If you enjoy cooking then you’re going to absolutely love the gorgeous open kitchen. The white cabinets are all the rage these days. They look amazing with the dark granite countertops and stainless-steel appliances. The center island adds the perfect touch to this gourmet kitchen. The unit is located on the 3rd floor of a charming South End brownstone. Hardwood floors throughout and as an added bonus there is a washer & dryer in the unit.
Condo: 1-bed, 1-bath Condo for sale $719,999
Approximate Monthly Mortgage Payment: $4,138 a Month
Square Footage: 725
Area of Boston: Fenway
You may be looking at condos for sale in Boston, but don’t make a move until you see this spectacular place. This 7th floor unit features the most amazing views of the city. The kitchen has been recently renovated and includes white wood cabinets which are the preferred style these days. The white quartz countertops, stainless-steel appliances, and designer marble backsplash complete the high-end look and designer feel. The modern bathroom was recently painted. You’re going to love it. The large one bedroom allows in plenty of natural light, and has a plethora of storage space. Central AC makes life in the summertime a breeze for the new owner.
Condo: 2-bed, 2-bath Condo for sale $679,000
Approximate Monthly Mortgage Payment: $3,549 a Month
Square Footage: 642
Area of Boston: Charlestown
Condos for sale in Boston, particularly Charlestown, are difficult to find in this price range. The unit is actually spread out over three (3) stories. When you walk in the front door to the open concept first floor living space that features a kitchen and living room area, you will notice that it’s the perfect spot for entertaining or simply relaxing after a long day of work or school. Speaking of the kitchen, the white cabinets and dark granite countertops speak to style and sophistication. The main bedroom with a full master bathroom features a walk-in tiled shower is located upstairs. Below the main level you find the second bedroom that also has a master bathroom. Off of the downstairs bedroom is a laundry room that’s exclusive to this unit only.
Condo: 2-bed, 1-bath Condo for sale $710,000
Approximate Monthly Mortgage Payment: $3,549 a Month (with Taxes and HOA Fee)
Square Footage: 702
Area of Boston: North End
If you’re interested in searching for condos for sale in Boston, you just have to see this awesome unit. The open kitchen features stylish white cabinets, dark granite countertops and stainless-steel appliances including a dishwasher, microwave oven, stove, refrigerator and countertop range. Recent home improvements include a brand new bathroom, new carpeting in the bedrooms, and a coat of fresh paint. There are also hardwood floors. You will also have full access to the rooftop deck where you can see amazing views of the Boston skyline.
In conclusion, as you can see from the information as listed above, there are options for buyers looking for condos for sale in Boston for $750,000 or less.
You can find even more units in this price range on The Boston Pads Real Estate Portal, which is your go to place for everything related to Boston real estate.
Published May 26, 2022