Boston Suburbs Among America’s Most Expensive

Posted By: Demetrios Salpoglou |  Oct 18
Category: Boston Condo Market
Boston MA suburbs expensive

Several Boston Suburbs Listed as Among the Nations Most Expensive for Real Estate.

A new study by one of the nations largest real estate companies has found that 9 of the top 50 most expensive zip codes in the country are right here in the Boston area. The recent surge in Boston’s real estate market has sent home prices sky high in some of Boston’s surrounding neighborhoods, making Massachusetts second on the list of states with the most zip codes in the top 50, trailing only California.

The study ranked the most expensive average price for a four bedroom two bathroom house on the market. In order to qualify, the neighborhood must have at least 10 homes that fit the criteria currently on the market in that zip code.

The areas that made the top 50 include a few neighborhoods you’d expect to be on the list, like Wellesley and Cambridge. There were also a few surprises you might not expect like Canton and Woburn.

The most expensive zip code was Wellesley, which came in at number 13. There the average listed price of a four bedroom, two bathroom home is $1.2 million. Close behind was Cambridge at number 22, with an average price of just over $1 million. Lexington was number 28 at $988,000. The following communities rounded out the top 50:

34. Marblehead $961,594

37. Hingham $949,167

42. Cohasset $917,718

46. Belmont $896,684

48. Needham $894,533


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demetrios Posted date:October 18, 2016
Demetrios Salpoglou is the CEO of bostonpads.com which is an information and technology based services company that provides cutting edge resources to real estate companies. Demetrios has developed over 90 real estate related websites and owns hundreds of domain names. Demetrios also owns and operates six leading real estate offices with over 170 agents. Demetrios has pulled together the largest apartment leasing team in the Greater Boston Area and is responsible for procuring more apartment rentals than anyone in New England – with over 100k people finding their housing through his services. Demetrios is an avid real estate developer, peak performance trainer, educator, guest lecturer and motivational speaker.

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