Sizzling Real Estate Markets (by neighborhood/zip code)

Is this ranking actually meaningful? Ten Hills is a tiny little piece of Somerville, whereas Dorchester is a huge neighborhood and Malden is an entire city.
 
Ron Newman said:
Is this ranking actually meaningful? Ten Hills is a tiny little piece of Somerville, whereas Dorchester is a huge neighborhood and Malden is an entire city.
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Looks like it's compiled by zip and they're just using neighborhood/town as a descriptor (which can be easy or hard depending on what the zip includes). For whatever reason "Ten Hills" is how they're describing that zip.
 
The problem with the list is that it appears to be based on increase in median home sale price. So yeah, a zip code in Dorchester is up 10% year over year, but it was down 40% the previous three years.
 
Ron Newman said:
Ten Hills isn't a zip code.
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Whatever zip code Ten Hills is located in is the zip code that's being ranked. Malden is all one zip code. So is Everett. Thus they appear with smaller neighborhoods that are their own zipcode. Each ranking is supposed to be one single zip code.
 
czsz said:
What's up with Lynn?
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I guess that $500,000 commercial touting Lynn as a "resort destination" is bringing in real estate investment from people who haven't set foot in the city? Or maybe the hipsters and yuppies are looking for dirt cheap places with lots of bus service?
 
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