Wealthy metro-west towns won big in spring real estate market
RI border towns show strength
Wealthy metro west towns outperformed most Massachusetts communities in the spring 2024 real estate market. Wellesley appreciated by a whopping 5.79% since the beginning of the year with other area towns also crossing the 5% threshold including: Needham, Wayland, Sudbury, Concord and Sherborn. Several other communities in the immediate metro-west area were solidly in the 4% range, according to the Jack Gately Real Estate Home Price Tracker.
Rhode Island border towns (or adjacent) also saw strong price growth year to date of 4%+ including: Attleboro, Seekonk, Swansea, Fall River, New Bedford, Freetown and Rehoboth.
During the pandemic Southcoast border towns appreciated near the statewide average, so the strength in the 2024 market is a notable shift up from recent years.
Under performing, but still seeing price appreciation were parts of Cape Cod (maybe some price fatigue after huge increases from 2020-2023), interior Plymouth County and scattered central/western Massachusetts towns.