From the Boston Business Journal:

Condo sales in Boston dropped almost 20 percent for the third quarter, and the median price fell almost 7 percent, compared to the same period last year, according to the LINK Listing Information Network.

The median price of $419,000 this year also slipped below the 2004 median of $433,500.

The inventory of homes for sale in the third quarter was only 2 percent higher than in 2005, but 70 percent higher than the third quarter of 2004.

Complete story: Boston condo sales drop 20 percent – Boston Business Journal

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