Overview
The North Slope sub-neighborhood has been delivering new inventory to a sub-neighborhood that has mostly been, for better or worse, stuck in its ways. Lacking the prestige of its counter-sloping neighbor (Front Slope), Beacon Hill’s North Slope used to be a rather anonymous pass- through strip within our city. The labyrinth of narrow, one way streets (not to mention the grade of its slope) make this sub-neighborhood difficult to navigate by car or by foot.
Location
Nestled just south of Cambridge Street, the North Slope approaches the Charles River to the West and Government Center to the East. Easy walkability to the Financial District, Whole Foods, the Liberty Hotel, Mass General Hospital, and the State House make the North Slope one of Boston’s most convenient zip codes.
$2M+ Luxury Market Data
The North Slope has truly come into its own in recent years, and 2024 was its best year yet! When looking at $2M+ sales the North Slope produced 21 transactions yielding $76,399,840 in sales volume. Looking in terms of price per square foot, the area jumped another 4.6% and traded at an average of $1,437.79/SF for the year.
The Archer Residences: Beacon Hill’s Standout Sales in 2024
We’ve been tracking The Archer Residences for the past several years. This 62 unit condominium complex, located at 45 Temple Street, is one of the largest condominium developments in Beacon Hill. In 2024, 6 units sold at The Archer for over $2M, matching the 6 units sold in 2023. Among this year’s notable sales was PH3, which achieved an impressive $7,700,000 at $2,682 per square foot. This one-of-a-kind penthouse featured an ultra-unique 2,500 sq ft private terrace directly off the main living area—a rarity in city living. The terrace, paired with its breathtaking views of the State House, makes 45 Temple Street, #PH3 an interesting case study in how to blend interior and exterior space when accounting for $/SF.
What's Coming...
This area continues to transition to a quintessential 21st century live, work and play environment neighboring a new urban hub, the vastly expanded Boston TD Garden area and, more recently, Bulfinch Crossing. Developed by HYM, the 4.8-acre site for Bulfinch Crossing replaces one of Boston’s old parking structures while bridging historic neighborhoods (Beacon Hill and the North End). Look for more detail on the condos in that development in our Midtown overview.
Neighborhood Specialists
We believe when real estate consumers are presented with a complete and robust spread of data, in conjunction with their personal preferences, decisions can be reached with the most confidence.
To learn more about changing market dynamics moving into 2025 check out our Perspective on the Boston Luxury Housing Market>
