Boston Luxury condos being gobbled up.
Boston luxury condos are being gobbled up at a raped pace. For example, in Back Bay in the last two months, sixteen luxury condos were sold that were priced $1,000,000 and above. The supply for luxury condos in Back Bay is very low with only fifty-eight being listed as of today’s date. Similarly, Boston’s Beacon Hill has only fifteen listings priced from $500,000 – $6,500,000. The Boston Common area has only seventeen luxury
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Source: Boston Globe