Whew! I was starting to wonder if I was too optimistic. The Banker & Tradesman most recent Massachusetts condo sales report :
Condominium sales also dropped in July, decreasing 32 percent from a year earlier. A total of 1,484 condos sold in July, down from 2,185 a year ago. Year-to-date condo sales were up 16 percent, increasing to 11,210 from 9,651 during the same period last year.
The median condo price also crept up in July. The median selling price was $285,000, up 2.7 percent from $277,500 a year earlier. The year-to-date median price of condos in the Bay State is $262,000, up 3.6 percent from $252,000 a year ago.
File Under: Oh my. Median condo selling prices are up.