Boston’s 4 hottest housing markets in June

by Joe Ward

After years of rising demand and home prices, Boston’s housing market is showing signs of leveling or even cooling off. But that doesn’t mean that some neighborhoods in the city aren’t still seeing price and sales growth.

RE/MAX Leading Edge has released June sales data broken down by Boston neighborhoods and suburban sub-markets. In Boston, there were more neighborhoods that saw drop-offs in total sales than ones that saw rises, but many neighborhoods are still showing tremendous price growth, according to the numbers.

Here are four Boston neighborhoods that saw substantial gains in either units sold or median price for the month of June, courtesy of RE/MAX Leading Edge.

Beacon Hill: This historic neighborhood had the largest jump in units sold in June compared to the same month last month at 44 percent. Median prices also rose by 39 percent, though days on the market has doubled last June.

Units sold Median price Inventory Days on market Pending sales
2017 26 $1.33 million 72 87 23
2016 18 $955,000 83 41 14
Charlestown: There were four less units sold in Charlestown this June compared to last year, but that’s because inventory has been down in the neighborhood. There are nearly twice as many pending sales. Of the homes that did sell, a 20 percent bump in median price was recorded.
Units sold Median price Inventory Days on market Pending
2017 34 $775,000 103 20 59
2016 38 $645,500 97 29 33
West Roxbury: West Roxbury posted a 21 percent increase in homes sold and a nearly 10 percent boost in median price in June. Days-on-the-market is down substantially, showing that the neighborhood is particularly popular with buyers.
Units sold Median price Inventory Days on Market Pending sales
2017 46 $570,800 77 23 37
2016 38 $522,500 106 35 30
North End: There weren’t many sales in North End in June, but North End could be good for buyers for other reasons. Inventory actually went up in North End — one of the only neighborhoods to do so — and days-on-the-market is up, showing that buyers might have a better chance here than in many other Boston neighborhoods.
Units Sold Median Price Inventory Days on Market Pending Sales
2017 7 $565,000 29 90 10
2016 5 $521,000 24 34 6

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