Wellesley fares great in Forbes luxury housing index

UPDATE: We initially had this backwards because Forbes had it backwards (though we really should have noticed that, so sorry for confusion).

We’ve heard a lot about Wellesley’s housing market bucking negative trends over the past year, and a new Forbes index of housing prices in the 500 most expensive neighborhoods in the U.S. by zip code confirms that.  Wellesley (20482) ranks in the top 5 on the list of biggest price hikes from a year ago,  up 10.45% to $1.239 million at the end of April. (Thanks to reader MG for passing along tip and readers EK and DB for pointing out the mess-up.)

That comes on the heels of Warren Group numbers showing the median price of homes in Wellesley fell about 10.1% to $899,500 in the first quarter vs. that quarter last year. Registration required on the Warren Group site for more detailed numbers.