For families, the North End is attractive because it has one of the best public schools in the city, John Eliot School (K-8), as well as the renowned St. John School. For young professionals who work in the financial district, the North End provides more affordable living situations within walking distance from the office. This compact historical area might be the place you want to go every Saturday night for dinner, but it is a place you’d want to call home?
In the last five years there has been a noticeable decline in the North End’s real estate market. Transactions are down about 40% and, because the inventory is down so drastically, the median price is 23% lower (dropping from $470,000 to $360,000).
Though this section of the city is Boston’s oldest residential community and home to some of the city’s most key historical sites, it is perhaps best known for one thing: food. Aptly dubbed “Little Italy,” the streets of this 1/3 square-mile section of the city are lined with old world Italian restaurants, pastry shops, gelaterias, and cafes. Foodies flock to the area seven days a week, twelve months a year for some of the best Italian fare the city (possibly the region) has to offer.
Amid the 100 plus restaurants and densely filled city blocks that make up the North End, live nearly 10,000 residents. About one-third of those are Italian or Italian-American, and the remaining two-thirds are a culturally-diverse group of young professionals, college students, and families.
Here are a few bits of local information, market data and fun facts that might help you decide.
Real Estate Market Facts:
- 1/1/2006 – 1/1/2007
- 108 properties sold
- Median price $470,000
- 1/1/2011 – 1/1/2012
- 65 properties sold
- Median price $360,000
Restaurants and Eateries:
There are too many stand-outs to list here, but the following were voted local favorites in 2011:
Things to Do/See (Besides Eat):
- Copp’s Hill Terrace
- Fulton-Commercial Streets District
- Ozias Goodwin House
- Mariner’s House
- St. Stephen’s Church
- Union Wharf
- Vermont Building
- Equestrian Statue of Paul Revere (located in the Paul Revere Mall, opposite Old North Church)
- There’s a height limit of 55 feet throughout the North End which has dominated its architectural landscape for generations.
- Was the home of John F. Fitzgerald, grandfather to President John F. Kennedy, and Rose Kennedy, mother of JFK.
- Home of Charles Ponzi, creator of the Ponzi Scheme.
- The Skinniest House in Boston (only 10.4 feet wide) is on Hull Street.
Whether you are looking for a one bedroom with 24-hour garage parking, a single-family with income opportunity space, or just love the idea of waking up to the smell of fresh Italian bread each morning, we’d love to show you more of what the historic North End has to offer!