From today’s Boston Herald:

The median condo price for August dipped 6.8 percent to $275,000 from $295,000.

In Boston, single-family home sales were off last month by 2.7 percent compared to August 2008 while the median price increased by 2 percent to $367,500.

Citywide condo sales fell by 8.8 percent in August compared to a year ago as median prices slipped to $341,000, a 9.7 percent drop.

How do you see the market? Did we hit bottom? More declines to come?

Source: Boston Herald

File Under: Rough times for real estate agents

“Just yesterday I told my wife, we need a home improvement loan, she gave me $1,000 to move-out. No Respect, I tell you, No Respect”