Boston’s Boom Spikes Property Values

The first in a five-part series

Part 1: Overview of Property Value Trends FY13-FY19

Boston’s total taxable property value hit a high of $164B in FY19, growing by $72.3B, or 78.4% since FY13.  Part I of this five-part series provides an overview of trends in Boston over the last six years. How has economic growth and renewed interest in city living impacted Boston’s assessed property values? Which neighborhoods have seen the most dramatic property value increase?  What is the role of property value increases in Boston’s financial picture?

Report Objectives

Part I in this series looks at:

  • Overall trends in property values
  • Impact on Boston’s finances
  • Importance of prudent fiscal stewardship

Read Part I of this Special Report series here>

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