South Boston's real estate market has matured into one of the city's most competitive. The residential core is defined by its iconic triple-deckers and brick rowhouses — tightly built, well-maintained, and commanding increasingly serious price points as inventory tightens. Condo conversions dominate the market for entry-level and mid-range buyers, with renovated units in historic structures offering exposed brick, reclaimed wood, and rooftop decks. Along the waterfront and in the Fort Point adjacent blocks, newer luxury buildings have introduced a different product entirely: full-service residences with floor-to-ceiling glass, structured parking, and resort-style amenities. The neighborhood holds two distinct markets under one name, and understanding where value lies within each is critical to buying well here.