Condo trends in Boston

In the midst of the current real estate slump in the US, condos are still doing better than houses, according to the Boston Globe. There were 80% as many condominium sales as single-family home sales in Metropolitan Boston, and condominium prices are not falling as sharply as those of detached homes. They fell by only 3.3% to 3.8% in the first 3 months of this year.

If you live in Massachusetts or are looking into purchasing a condominium unit in the state, a table can be found here that shows the comparison between real estate prices in January to March 2008 and the same period last year.