The million dollar plus Boston condo market is no longer recession proof.
1/1/09 – 10/31/09
Number of Boston condos sold $1mil plus – 213
Avg luxury condo price – $1,809,142.00
Medain luxury cond price – $1,475,000.00
Avg price per sq ft – $893.00
Avg days on the market – 143
1/1/08 – 10/31/08
Number of Boston condos sold $1mil plus – 416
Avg luxury condo price – $2,250,533.00
Medain luxury cond price – $1,672,500.00
Avg price per sq ft – $1,004.00
Avg days on the market – 124
Source: Link avg and med are based on $1mil plus.
