Boston’s Housing Market: 66% Price Growth in a Decade & a Look Beyond COVID-19 to 2030
Boston’s overall residential prices rose 66% between 2009-2019. If this growth rate continues, the median may reach $1,039,000 by 2030.
Boston’s overall residential prices rose 66% between 2009-2019. If this growth rate continues, the median may reach $1,039,000 by 2030.
In 2020, Hudson Yards was NYC’s most expensive neighborhood with a $4.5 million median. TriBeCa was next with $3.2 million median sale price – a 3% decrease Y-o-Y.
Shlomi Reuveni of Reuveni Real Estate describes the current state of Manhattan’s luxury residential market and how it has adapted to the pandemic as well as up and coming areas.
Atherton remains priciest zip code at $7 million, followed by Sagaponack, Malibu & Beverly Hills, as California again dominates top 100 ranking.
L.A. County’s residential real estate market in the first half of 2020 was marked by COVID-19 and the county became one of the nation’s epicenters. We conducted a study of the market in 52 incorporated cities during this time and found that, as sales in L.A. County fell 21% compared to the same time period in 2019, median home sale prices rose 4% and sales fell from nearly 35,000 homes sold in the first half of 2019 to approximately 27,000 thus far in the current year.
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Key takeaways: Hudson Yards is NYC’s most expensive neighborhood with a $3.9 million median sale…
While 11 states rank, California claims most expensive zip codes in any city, county or metro with San Francisco, L.A. County and Bay Area.