Another high-end luxury real estate market is doing well this past quarter.
The median sales price for a condominium in Boston increased by 22.7 percent for first quarter 2013 over the previous year’s figures, the Boston Globe reports. Real estate analysts LINK, provided the information.
In dollars, the median sale price for a condo was $1.4 million during the time frame. The market has performed strongly from 2010 and moving forward.
In the first quarter, 59 luxury condos were sold, 28.3 percent more than during the same period in 2012. In contrast, just 11 luxury condos sold during the first quarter of 2009, the report shows.