Your search results

The 5 Boston neighborhoods where prices increased the most since 2012 – Curbed Boston

Posted by admin on November 21, 2017
| 0

Bay Village home prices increased more than in any other Boston neighborhood in the first three quarters of 2017 compared with the same time in 2012, according to a new analysis of closed deals.

The median sale price in Bay Village—Boston’s tiniest official neighborhood—increased $533,500.

Downtown, including the Financial District, saw the second steepest price growth, with the median sale price rising $321,000. The South End was No. 3, with a growth of $294,500; Chinatown/Leather District was fourth with $285,000; and Beacon Hill was a close fifth with a change in median price of $280,000 between 2012 and 2017.

Are such bounces a surprise in a city where high home prices have lost their power to shock locals? Not really.

But here is something a little shocking. Consider East Boston and Roxbury: The median sale price in these two neighborhoods basically doubled during the past five years.

That’s right: Two of the city’s more affordable enclaves are twice as expensive as they were in 2012. Happy Thanksgiving.

Source: The 5 Boston neighborhoods where prices increased the most since 2012 – Curbed Boston

Leave a Reply

Your email address will not be published.

Compare Listings