This week in Downtown Boston
By Robert Byrne, Robert M Byrne
(Otis & Ahearn)
With all the coverage of the most recent S&P Case Shiller Home Price Indices for March 2013 it is timely to note that the Downtown Bostown Condominium Market is humming right along. Transactions are up 8% YTD, Dollar Volume is up 18% YTD, The Average price is up 9% YTD and the Median price is up 3% YTD. All good numbers especially considering that the Median and Average have never been higher, not even when the S&P Case Shiller peaked locally in 2005 or Nationally in 2006.