East Boston Is Hot Market for People Seeking Real Estate

April 30, 2014
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This week realtors John McGeough and Anthony Lamacchia compiled their list of the hottest towns in the state. East Boston not only ranked number 13 on the list but also was considered the hottest town in all of Boston.

While Raynham took the top spot on McGeough and Lamacchia’s 2014 list, Eastie ranked just behind Gardner.

The realtors found that 55 homes have sold in the first quarter of 2014 with a median price of $350,000. That was a 44.74 percent increase compared to the first quarter of 2013.

“Of the 351 towns in Massachusetts, our report shows the Top 25 Towns with the largest increases in the number of home sales for the first quarter of 2014, a factor which we use to determine whether a town is becoming a sought after location for homeowners,” the real estate duo said in a release. “We compiled data provided by The Warren Group that compares home sales from January 1, 2014 to March 31, 2014. Towns had to have a minimum of 25 home sales for the quarter to be considered for the list.”

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