Last week Back Bay was rated #1 statewide. Boston Busines Journal reported that Nine out of the top-20 housing markets in the Bay State were located in Boston proper during the fourth quarter of 2012. No suprise here, inventory is down, demand is high.
File under – Where are the sellers?
Neighborhood: Boston – Back Bay
*Median home value: $746,600
*% homes with a 1-year value decrease: 3.4%
*1-qtr. value change: 5.3%
*1-year value change:15.0%
*5-year value change: 4.3%