Real estate
fromwww.housingwire.com
1 day agoBuilt-for-rent multifamily starts jump 18% in Q4 2025
Built-for-rent multifamily construction surged in late 2025, with 95% of starts dedicated to rentals, impacting unit sizes and market dynamics.
In February 2026, the Beacon Hill condo for sale market experienced a robust start to the year, with a median sale price around $1.81 million. The market saw a shortage of available properties in the historic center, resulting in swift sales for mid-range condos, which took an average of 32 days to sell. Recent Beacon Hill Real Estate Sales (January - February 2026) Below are notable recent sales in the neighborhood: Market Snapshots by Unit Type
In addition to 7,000 new units of housing that are currently under construction and should be ready for occupancy within the next year or two, there are now 11,100 net-new units for which building permits have either been issued, approved or requested, and another 27,400 units in projects that have already been approved but not yet permitted (which includes the majority of the 10,500 units by Candlestick, 7,800 units on Treasure Island and 5,680 units at Parkmerced, projects which have overall timelines measured in decades, not years).
Sales and inventory: Total condo sales experienced a slight dip in Q2 2025 compared to the previous year, but inventory remained significantly low. The number of listings increased in July, providing buyers with more options than in previous years. Pricing: The median condo price in the greater Boston area saw modest growth overall. However, this figure masks underlying market polarization, as luxury buildings saw an 11% decrease in median price while certain downtown neighborhoods saw a 20% increase.