A break down of condo sales from 10/21/09 – 10/28/09 for the entire city of Boston.
$200,000 and under — 10 sales
$201,000 – $300,000 –10 sales
$301,000 – $400,000 –7 sales
$401,000 – $500,000 –5 sales
$501,000 – $600,000 — 2 sales
$601,000 – $700,000 — 3 sales
$701,000 – $800,000 — 2 sales
$801,000 – $900,000 –1 sales
$901,000 – 1,000,000 – 1 sale
$1,001,000 – 1,500,000 – 3 sales
No sales above $1,500,000.
My thoughts: Based on these numbers one could argue that the first time homebuyer tax credit is working.
Source: LINK
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