boston condo: Boston Condo Sales Report May 2008
- 06/13/08 07:18 AM
In May 2008, Boston Condominium sales volume decreased from 536 in May 2007 to 429 in May of 2008. This represents a 20% decrease in volume. Prices remained relatively even for the same period. In May of 2007 the Median price for Boston condo was $389,450 while in May of 2008 the median price was $388,000. This is a decrease of less than 1% in value, which means Boston Condo prices remain stable. Although prices remain stable the volume has significantly decreased which could lead to significant prices decreases in quaters 2-4 of 2008, if the volume doesn't rebound. This information … (1 comments)
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