Real Estate News

The 9 Greater Boston towns where the median home price has hit $1M

Overall, sales and prices were up markedly across the state in June, making it the best month since August 2005.

A home in Lexington, where prices skyrocketed this summer. Jonathan Wiggs/Boston Globe

The median price of a single-family home has shot past the $1 million mark in several cities and towns across the Boston area during the first half of 2015, the latest real estate stats show.

Nine communities, from urban Cambridge to bucolic Lincoln, have seen their median home prices hit seven figures as demand for brand-name location combines with a shortage of homes for sale to drive up values.

Concord saw one of the biggest gains, with the median home prices in the historic town hitting $1,050,000 after a 24 percent leap this June compared to the same month a year before, the Massachusetts Association of Realtors reports.


Median prices in Winchester and Newton both rose by more than 20 percent, hitting $1,090,000 and nearly $1.2 million, respectively.

Brookline had the highest median price of any community in the state, weighing in at $1.6 million, followed by Cambridge, Weston and Lincoln, all at $1.4 million, according to MAR.

Wellesley followed at $1.2 million and Belmont at an even $1 million, with Lexington just under the $1 million mark, down at $965,000.

Other cities and towns posted impressive gains as well.

Story continues after gallery.

See how the priciest towns compare to our list of the safest towns in Massachusetts:

The safest towns in Massachusetts

Home security and safety company SafeWise recently compiled a list of the u201c100 Safest Cities in America.u2019u2019 SafeWise reviewed the most recent crime statistics from the FBI and compared the data to each communityu2019s public safety, public health, and educational information. Check out the Massachusetts communities that received top marks for safety. BRIAN SNYDER/Reuters

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Holliston (83/100): Population: 14,199. Violent Crimes per 1,000: 0.99. Property Crimes per 1,000: 5.28. SafeWise credits Holliston with expanding its social services, including Holliston Youth and Family Services, to address its growing population. cmh2315fl/Flickr

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Hopkinton (78/100): Population: 15,689. Violent Crimes per 1,000: 0.19. Property Crimes per 1,000: 5.92. Every year, runners flock to Hopkinton as the Boston Marathon gets started. SafeWise also praised Hopkinton for its efforts to protect residentsu2019 health and wellness, including anonymous mental health screenings. The Boston Globe

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Holden (67/100): Population: 17,775. Violent Crimes per 1,000: 0.45. Property Crimes per 1,000: 5.40. SafeWise highlighted Holdenu2019s conservation and public safety awareness efforts, including the u201cHolden Fire Explorer Programu2019u2019 that educates future firefighters. Doug Kerr/Flickr

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Westford (64/100): Population: 23,196. Violent Crimes per 1,000: 0.60. Property Crimes per 1,000: 5.47. This Lowell suburb has instituted community safety initiatives that include a drop box for prescription drugs and bicycle and pedestrian safety programs. Doug Kerr/Flickr

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Bedford (57/100). Population: 13,947. Violent Crimes per 1,000: 0.43. Property Crimes per 1,000: 5.31. Bedford is located near Concord and Lexington. SafeWise praised the town for its community offerings, including the Bedford Center for the Arts. John Blanding/The Boston Globe

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Weston (56/100). Population: 11,893. Violent Crimes per 1,000: 0.25. Property Crimes per 1,000: 5.47. Weston, the Commonwealthu2019s wealthiest community, was praised by SafeWise for its commitment to reduce energy consumption by 20 percent over five years. Justin Saglio for The Boston Globe

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Medfield (55/100). Population: 12,309. Violent Crimes per 1,000: 0.97. Property Crimes per 1,000: 4.71. Medfield won accolades from SafeWise for the u201cMedfield Youth Outreach Program,u2019u2019 an initiative that provides free counseling and crisis intervention to families in need. The Boston Globe

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Franklin (51/100). Population: 32,633. Violent Crimes per 1,000: 0.21. Property Crimes per 1,000: 5.24. Franklinu2019s library still has books donated by founding father Benjamin Franklin, the townu2019s namesake. SafeWise highlighted the town councilu2019s initiatives to educate and support senior citizens. cmh2315fl/Flickr

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Sudbury (45/100). Population: 18,315. Violent Crimes per 1,000: 0.00. Property Crimes per 1,000: 5.13. SafeWise highlighted Sudburyu2019s Teen Center as a place where young people can enjoy supervised recreational activities. Doug Kerr/Flickr

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Norton (43/100). Population: 19,414. Violent Crimes per 1,000: 0.41. Property Crimes per 1,000: 4.64. As host of the Deutsche Bank Championship Golf Tournament, Norton has experience in addressing public safety. The community has a program to teach residents about disaster response preparedness, including basic search and rescue techniques. Doug Kerr/Flickr

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Sharon (18/100). Population: 17,935. Violent Crimes per 1,000: 0.06. Property Crimes per 1,000: 4.24. Home to scenic trails and settings including Lake Massapoag, SafeWise praised Sharonu2019s conservation efforts, which pair with the townu2019s safety and community planning efforts. John Tlumacki /The Boston Globe

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Duxbury (16/100). Population: 15,244. Violent Crimes per 1,000: 0.13. Property Crimes per 1,000: 3.87. Duxbury is a coastal community within commuting distance to Boston. According to SafeWise, Duxbury also saw a decrease in violent crime and property crime last year. Dina Rudick/Globe Staff

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Clinton (9/100). Population: 13,721. Violent Crimes per 1,000: 0.73. Property Crimes per 1,000: 2.91. In addition to hosting the oldest, still-actively used baseball field in the world, Clinton also offers early childhood education, adult education courses, and English language courses for its residents. Doug Kerr/Flickr

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Norfolk (7/100). Population: 11,663. Violent Crimes per 1,000: 0.00. Property Crimes per 1,000: 3.52. Norfolk, which once housed figures from the Revolutionary War including George Washington, reported no violent crimes in 2013. Doug Kerr/Flickr

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Wayland (6/100). Population: 13,411. Violent Crimes per 1,000: 0.37. Property Crimes per 1,000: 3.13. Wayland, home to the Commonwealthu2019s first public library, earned its way onto SafeWiseu2019s rankings with its free fire education programs, including a preschool program and a babysitting course. Jonathan Wiggs/Globe Staff

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Somerville saw single-family prices skyrocket in June by over 50 percent, to $855,000. Through the first six months of the year, Somerville prices weighed in at a still lofty $621,600, the real estate group reports.

Condo prices in Somerville rose 12 percent through the first half of the year, hitting $552,500.

Bedford saw home prices rise 20 percent, to $785,000 in June, according to MAR.

Overall, sales and prices were up markedly across the state in June, making it the best month since August 2005, back during the last real estate boom, noted Tim Warren, chief executive of real estate market tracker and publisher, The Warren Group.

“We are seeing the early results from a strong spring market,’’ Warren said in a press release. “It is a remarkable showing after a prolonged slump and a sluggish recovery extending over the past 10 years.’’


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