The total estimated value of Boston’s residential and commercial property market has exceeded $100 billion for the first time and now stands at $110 billion, according to The Boston Globe (citing a recent city assessment). The value of the city’s real estate increased by 10 percent over the past year – the largest percentage increase since 2007.

More than $10 billion in Boston commercial property changed hands during the first nine months of 2014, compared with $4.7 billion during all of last year, according to the report (citing research from JLL).
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Boston citywide assessed property values – Graph: City of Boston

Last Updated on December 13, 2014 by Ramin Seddiq