Apparently homeowners in the Boston area don’t have to worry as much as most of the country when it comes to declining home values, according to a recent report from real estate website Zillow.com.
The average Boston home value was reported to be $314,200 in the fourth quarter 2010, a 1.9 percent decrease from the same time in 2009. It was a 3.2 percent decline from the third quarter 2010.
The country as a whole experienced a 5.9 percent decline in home value between the fourth quarter 2009 and the fourth quarter 2010, according to Zillow’s report.
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Updated: 1st Q 2018
