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Big League Economics

New England v. Philly: Whose home prices went up the most since their 2005 match up?

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The last time the New England Patriots and the Philadelphia Eagles faced each other in the NFL’s championship game was in 2005 and since then, home prices have gone up in both cities, but in which one did the home prices go up the most?

According to a study by the National Association of Realtors, the home price champion is Boston.

Philadelphia                             New England
2005: $193,800                        2005: $407,200
2018: $238,900                        2018: $464,100

% price increase: ↑23.2%          % price increase: ↑14.0%

Of course, there is a twist.

The New England Patriots do not play in Boston, their Gillette Stadium is in Foxborough, Massachusetts, a suburban town a 45-minute drive from downtown Boston. The data for “Boston” selected was for the metropolitan statistical area of BostonCambridgeNewton.

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The Philadelphia Eagles’ Lincoln Financial Field is in Philadelphia.

 

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