The numbers will say that prices in the Back Bay are up but this has been driven primarily by high end new construction projects. Still, prices have held their own in the Back Bay due to it's continued desirability and small geographic footprint...
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Brighton, Massachusetts
as of 10/14/2009:
The dynamics in Brighton are a little bit different from other communities. With a large number of affordable condos, Brighton condo prices have slipped in price to a certain extent but continue to hold there own. Multi-family prices have definately...
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Brookline, Massachusetts
as of 10/14/2009:
Although Brookline has held it's own during the last year or two in the current real estate market, it is starting to see some impact. Long term it should be minimal as Brookline has continually been one of the most desirable communities in...
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Lexington, Massachusetts
as of 10/14/2009:
There is value to be had in Lexington. Prices have slipped over the last year and inventory is actually down a little bit. What is surprising is that so much of the inventory is now over one million dollars but there are still affordable...
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Needham, Massachusetts
as of 10/14/2009:
Needham has weathered the current market exceptionally well. Although prices were down about 5% in 2007 it regained it in 2008. Yes, the number of transactions (homes sold) was down quite a bit but prices have held their own. In 2008 the verabe...
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Newton, Massachusetts
as of 10/14/2009:
The City of Newton continues to hold its value compared too many other towns and cities in the state. This is primarily due to its highly desirable school system, excellent public transportation and its close vicinity to Boston. Average and median...
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Wellesley, Massachusetts
as of 10/14/2009:
Although the Town of Wellesley has held up nicely over the last year or two and has weathered past market volatility exceptionally well, it is finally seeing the impact of the today's economy. I believe this is due to the dramatic price increases...
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Weston, Massachusetts
as of 10/14/2009:
Prices in Weston have remained fairly steady even in this market. For a few years the drastic price appreciation that the town saw was due to builders buying a large percentage of the home that hit the market to build multi-million dollar mansions...
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