Sunday, January 16, 2011

LUXURY HOMES: Boston Luxury Condo Market / What Recession?

In Boston in 2010, there were 348 condo sales with sales prices over $1mm. The average sales price of these condos sold in the over 1mm mark was $1,903,697. The median price of the 348 sales was $1,525,000.

The highest recorded sale in Boston for 2010 according to the MLSPIN was the penthouse at 51 Commonwealth Avenue. This property sold for $10.8m.

The total dollar volume of these sales was $662 million.

Just to put this into perspective, I reviewed the 2009 statistics as well. In 2009, there were only 238 total sales over $1mm in the Boston condo market and the total dollar volume of these sales $414mm.

Download Boston Luxury Market Sales Over 1 Million in Boston 2010

1 comment:

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