The following information was obtained by LINK:
January Sales:
Jan ’07 median price Boston Waterfront condo – $1,100,000.00
Jan ’08 median price Boston Waterfront condo – $567,500.00
Jan ’09 median price Boston Waterfront condo – $768,500.00
I know you can’t read too much into this since it’s been based only on one month. I still thought it was interesting.
How does that saying go: What goes up must come down What goes down must go up
