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Real Estate Market Trends 2014-2015

Market Trends 2014-2015

Real Estate Market Trends 2015 vs. 2014

The Greater Boston real estate market was still booming throughout 2015!

Here is a short summery of some of the Greater Boston communities’ real estate market trends in 2015 compared with 2014:

  • Newton, Brookline, Cambridge and Lexington median price for single family homes (SF) crossed the $1M mark. In Newton, the median price for a single family went up 15% in 2015, Brookline is up 4%, Cambridge 8% while Lexington’s median price for a single family went down 5%.
  • Condos median prices in Newton, Brookline and Cambridge went up as well and were 8%-9% higher than last year.
  • Boston neighborhoods saw an increase in condo median prices, Jamaica Plain up 8%, South End up 11%, Brighton up 14% and Back Bay went up over 30% in comparison with 2014!
  • Number of homes sold (both single families and condos), was slightly higher than last year in most communities. In Needham there was a 12% increase in single families sold,  336 homes in 2015 compared with 300 in 2014.

If you wish to hear a more detailed analysis of the market in your community, don’t hesitate to email me: or call: 617-833-1055.

I am looking forward to help you, your friends and family, with all your real estate needs in 2016.

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Recently we bought a house with Osnat Levy as our relator. Osnat from the very beginning was great to work with. She learned our needs and throughout the process made sure to follow and guide us in every little detail. She kept in touch and followed through even after we bought the house. Osnat is very professional and also caring- a great combination on a huge step like this. We thank you Osnat and highly recommend her services to anyone who needs.
Dana Albert-Proos, Buyer Cambridge