Numerous towns in Greater Boston are seeing strong real estate activity in 2016, but which areas have seen the greatest rise in home prices over the last year? And even more interestingly, which areas have defied market trends and seen prices fall?

Those questions were the focus of a new analysis from Boston.com, which uncovered some very intriguing trends in the Greater Boston housing market.

Where home prices are rising

The majority of towns in Greater Boston, Boston.com found, have seen their median home price rise over where they were in 2015, though some are definitely ahead of the pack.

Coming in at No. 1 is Chelsea, where – thanks to such luxury developments as Chelsea Place and One North of Boston – prices have jumped 20 percent year-over-year, rising from $264,250 to $317,000. Cambridge followed close behind, where prices rose 18.5 percent from $1.4135 million to $1.675 million.

Remarkably, numerous other towns have seen prices rise at least 10 percent, including: Beverly, the city of Boston, Brookline, Dover, Everett, Hull, Revere, Saugus, Somerville and Waltham.

Where home prices are falling

Although most of the Boston area is seeing home prices rise, some markets have not been so lucky.

The median home price in Hingham, for instance, has dropped 9.1 percent over the last year, falling from $770,000 to $700,000. In Watertown, meanwhile, prices are down 4.3 percent from $611,250 to $585,000, and in Newton, prices are down 4.2 percent from $1.2 million to $1.15 million.

It should be noted that such markets are obviously within the luxury wing of the Greater Boston market, and that falling prices may be consistent with a general cooling that Redfin and other outlets have spotted in the nation’s luxury marketplace.

Learn more about where luxury housing is rising – and falling – through the U.S.

The Arlington, Bedford, Lincoln and Wellesley housing markets also saw prices decline in the last year.