Home prices in the Greater Boston area have been rising for some time now, but what specific markets have seen the most impressive gains since the last housing boom?
The Warren Group conducted a deep dive into the data, and emerged with some startling statistics on how dramatically prices have increased in such markets as Winchester, Brookline, and especially Cambridge.
See our chart below for the main findings:
| Market | Median Home Price – April 2016 | Increase from April 2005 |
|---|---|---|
| Cambridge | $1,700,000 | 100.59% |
| Brookline | $1,600,000 | 63.27% |
| Manchester | $1,300,000 | 138.97% |
| Wellesley | $1,300,000 | 50% |
| Charlestown | $1,100,000 | 104.65% |
| Newton | $1,100,000 | 46.67% |
| Lexington | $965,000 | 39.86% |
| Winchester | $908,000 | 30% |
| Jamaica Plain | $715,000 | 48.19% |