Today the Boston Herald got it right. Thomas Grillo wrote an article regarding Boston high-end condos. He wrote: Sales of condos priced at $600,000 or more rose 849 from January through November, up from 806 for the same period in 2007, a 5.3% increase, according to The Warren Group, publisher of Banker and Tradesman.
Meanwhile, the median price for high-end properties increased by 3.7 percent to $959,000 this year, up from $925,00 in 2007.
The article also stated: The trend appears to fit the law of supply and demand. One year ago, the MLS Property Information Network listed 471 condos priced above $600,000. Today the total is 403