South of Washington Street – affectionately known as “SoWa” – and it’s unapologetic injection of artsy culture into the South End is well known around the broader city. Once home to warehouses and a smattering of artist studios, this sub-neighborhood has become a thriving residential and artisan community complete with galleries, studios, showrooms and high end condominiums.

Across only 2 sales above $2M in 2024, SoWa had a total sales volume of $6,350,000 (quite a decrease from 2023’s total sales volume of approximately $23M). The two properties – 485 Harrison Ave and 1280 Washington St – sold for $3,550,000 and $2,800,000, respectively. 485 Harrison Ave achieved a 93.54% of ask and a price per square foot of $1,392.16, while 1280 Washington St achieved a 96.55% of ask and a price per square foot of $1,301.12.

SoWa had zero off-market sales above $2M in 2024, a trend that we also saw in 2023.

Looking into the near future, more residential development is happening quickly in this rather large sub-neighborhood. The much anticipated Flower Exchange project on Albany Street is a larger commercial development that will further energize the area in the years ahead. The spillover from continued development in the Ink Block area will also give a boost to SoWa lifestyle and pricing.