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2023 Boston Luxury Condominium Blog Posts

Boston Luxury Condos for Sale 2023 – High Rise Condos

Boston is considered to be the third-densest big city in the country and with Boston’s record-breaking building boom and rise as a bigger more international city, it has become accepting of its destiny and designation as a place where a lot of its residents live in high rise condos hundreds of feet above the ground.   There is a strong demand for living in the middle of everything and the lofty prices that Boston luxury condos or Boston Luxury apartments command suggest not only a continued but escalating demand.   And to keep up, there’s pretty much only one direction for the Boston skyline to go – Up!

In the last decade, the city has witnessed the high rise condo developments of a large number of full-service Boston luxury condos and Boston Luxury apartments.  Prior to that, most luxury condos were located in high-end, renovated brownstone homes.   Years ago a  famed Boston jeweler had a tag line for their flagship store – “Four Floors and who knows how many stories”  The construction of several high-rise luxury condos in recent years such as Millennium Towers – 58 floors, One Dalton – 61 floors, 45 Province – 32 floors and many others leaving us to wonder just how many stories  these beautiful buildings really have!  It definitely suggests that demand for high-end residential property in Greater Boston is growing.   And most observers will agree that there is still not enough inventories of Boston luxury condos or Boston luxury apartments to satisfy the hungry demand.

According to Boston.com, “price per square foot is the golden standard brokers use when assessing the value of luxury condos, which enables them to make apple to apple value comparisons between condos of different sizes.”  Condos that sell for $2,000 a square foot or more also typically run into the multi-millions.  Sales of downtown luxury condos passed the $3.8 billion in 2019, which is more than a 20% increase over 2018.

 

Boston High Rise Condo Facts

  1. Boston is home to some of the most luxurious and expensive high-rise condos in the United States.
  2. The average price of a high-rise condo in Boston is $1.2 million.
  3. The most expensive high-rise condo in Boston is located at the Millennium Tower and is priced at $37 million.
  4. The tallest high-rise condo in Boston is the Four Seasons Residences at the Prudential Center, standing at 790 feet.
  5. The average size of a high-rise condo in Boston is 1,500 square feet.
  6. Most high-rise condos in Boston feature amenities such as fitness centers, swimming pools, and concierge services.
  7. Many of the high-rise condos in Boston offer stunning views of the city skyline and the Charles River.

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