In December 2013, the median price of a single-family home in South Boston, Massachusetts skyrocketed 83.7 percent compared to December 2012, but median prices were flat for the year, according to data compiled by the Greater Boston Association of Realtors.
The median price for a single-family home in South Boston in December 2013 was $518,000, a significant increase from $282,000 the same month in 2012; however, from January through December 2013, the median price decreased compared to 2012. Throughout the year, the median price stood at $516,500, less than one percent decrease below the median price of $517,250 for single-family homes in 2012.