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Currently, Boston has 617,591 residents. The median age is 32 years old and the median income is $54,418, which is slightly above the national median. The median age of Boston homeowners is high at 76 years old – presumably due to the high average list price on homes for sale in the city. The average list price on homes for sale in Boston was $923,618 last year, an increase from $779,489 in 2014, or 18.49 percent. In terms of price-per-square-foot, Boston homeowners saw increases of 13.2 percent, from $568 to $643 between 2014 and 2015. Inventory is tight in Boston, which could be driving home prices up as well, with only 826 homes hitting the market in 2015. Although this was a slight increase from 2014, when 753 homes hit the market, it falls far behind the average inventory of 1,862 for other U.S. cities of similar size.
Domain Name Price: $599
2 months ago