Boston Luxury Condos: Rising Prices as Number of Sales Drops

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When you take a look at the luxury condo market in Boston, there is no sign of prices stagnating or dropping anytime soon. A recent market report from the second quarter of 2019 showed that the average sale price of luxury condos in the downtown area is up 22.8% annually and the median sale price is up 21% annually. The report attributes the rise in prices to a decrease in the number of sales which is down 14.9% annually. To read more, click here.