For the month of July 2008, the year on year condo sales value in Boston remained flat from 2007 to 2008, while volume dropped slightly at 12%. Here are the numbers: In July 2007 there were a total of 464 condos sold, while July of 2008 saw 408 total sales. The median value of sold condos in July 2007 was $375,500 and rose slightly in July of 2008 to $379,250. This represents a rise of approximately 1% in value and thus values have remained flat. This is an indication that the Boston market has remained relatively strong throughout the mortgage crisis. Although a decline in volume usually precedes a decline in value, Boston has a very healthy luxury market that should help keep values stable in the Boston market. For more information visit www.sharpbuyers.com. Sharp Buyers aims to educate buyers and can provide you with detailed reports as well as a real estate rebate at closing.