Bay Village is Boston's smallest neighborhood by area, and its residential market reflects that intimacy. Compact brick rowhouses and low-rise buildings on narrow, quiet streets give the enclave a scale and character entirely distinct from the surrounding Back Bay and South End. Condominium units here tend to be more modestly sized but architecturally rich, with original detail, exposed brick, and an almost European sense of proportion. Inventory is exceptionally limited — only a handful of properties trade in any given year — which creates a scarcity dynamic that supports strong pricing relative to square footage. Bay Village appeals to a buyer who values discretion, walkability, and the kind of neighborhood character that larger districts simply cannot offer.