The volume of condominium sales in many Boston neighborhoods fell 12 percent in the fourth quarter …”
Average price dropped 4.1% during the same time period, compared to 2006, according to the Listing Information Network, Inc (LINK).
… For all of 2007, the number of urban condos sold in its territory was 3,466, down 0.03 percent from 3,467 condos sold during 2006, according to LINK.
The 2007 median selling price for an urban condo was $460,000, up 2.7 percent from the 2006 median selling price for 2006, LINK figures showed.
Source: Urban condo sales, prices fall – By Chris Reidy, The Boston Globe