Real Estate
Report: Brookline Home Values Received Huge Boost Over Past Year
Sales increased with prices.
A recent top 10 list compiled by the Warren Group ranked a list of Massachusetts communities with the largest home value gains over the past nine years.
MassLive reported that the list alphabetically is as follows: Brookline, Belmont, Cambridge, Concord, Jamaica Plain, Lexington, Newton, Somerville, South Boston and Winchester.
Brookline came in at fifth place, with the median price in 2014 reaching $1.48 million from $1.1 million in 2005, a 32.6 percent increase. Brookline saw sales increase with prices.
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The Boston neighborhood of Jamaica Plain, which shares a border with Brookline, saw prices rise to $700,000 in 2014 from $498,000 in 2005, a 40.6 percent increase.
Image via Shutterstock.
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