Boston, West Roxbury, JP Home Prices Up
Tuesday, January 26th, 2010Median prices for single-family homes sold in Boston last year slipped 2 percent to $327,500 from $335,000. But home prices actually managed to creep up in a few city neighborhoods, according to new stats from The Warren Group.
In downtown Boston, which includes posh neighborhoods like Back Bay and Beacon Hill, home prices surged 36.1 percent to almost $1.96 million from about $1.44 million. The good news didn’t carry over to downtown’s condo market, however. Median condo prices in downtown fell 6.4 percent from 2008.
In West Roxbury, median home prices climbed 5.7 percent to $381,500 from $361,000.
And in Jamaica Plain, prices rose to $529,000, a 4.6 percent increase from $506,000 a year earlier. Median selling prices for JP condos, however, slipped 4 percent from a year earlier.
Allston’s home prices also shot up 41 percent to $380,000 — but the neighborhood only had seven sales in 2009.
In contrast, Roxbury median home prices plunged 33 percent to $195,000 and East Boston’s price dropped 16.3 percent to $180,000.


