ZRG
South Boston Waterfront:
Is the Spring Market Already Here?
The February numbers are in — and the data tells a compelling story for owners and buyers alike.
The February numbers are in for the South Boston Waterfront, and if you've been waiting for the "spring thaw" to enter the market, we have news for you: it's already heating up.
At Zander Realty Group, we're digging into the latest data to show you exactly what's happening on the ground this March.
The Headline: A Serious Seller's Advantage
The Waterfront remains a firm Seller's Market. With inventory levels sitting at 3.65 months—up 10.61% from last month but down 25.4% over the last year—demand is still outstripping supply.
- Median Sold Price: Reached $2,520,000 in February — a 121.25% jump month-over-month.
- Retention of Value: Homes are selling for 98.1% of their list price.
- Speed of Sale: Median days on market dropped to 48 days, a 27.27% decrease from the prior month.
February 2026 Snapshot
| Metric | Value | MoM Change |
|---|---|---|
| Median List Price | $1.2M | ↓ 0.1% |
| New Listings | 37 Properties | ↑ 48% |
| Sold Price per Sq. Ft. | $1,570 | ↑ 73.7% |
| Total Sales Volume | $16.66M | ↓ 28.1% |
What This Means for You
You are currently in the "sweet spot." Inventory is rising but remains low enough that you still hold the leverage. With median sold prices hitting recent highs, your equity has likely never looked better.
Don't let the label scare you. With 18 new pending listings and a 157.1% increase in pending activity, the market is moving fast — but there is more to choose from than there was last month.
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