New data shows that the city of Boston is one of the most active luxury housing markets in the entire U.S.
The city of Boston is the No. 9 luxury housing market in the U.S. in terms of sales, according to a special report from Redfin; indeed, with 204 million-dollar home sales in 2014’s third quarter, only a handful of cities have seen more luxury sales activity.
Also notable is the massive growth in Boston’s luxury housing market. Though million-dollar home sales in Boston are up just 2.5 percent on year-over-year measures, compared with 2011 Q3, they’re up an incredible 64.5 percent.
Take a look at our graph below to see how Boston compared with the nation’s other top 10 luxury markets: