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Go figure

Posted by Kimberly Blanton July 25, 2007 11:56 AM

Well, one part of the Massachusetts real estate market is doing well: downtown Boston.

Both the number of sales and home prices in the city are heading up, unlike the rest of Massachusetts. Listing Information Network, which tracks the 12 core downtown neighborhoods from Beacon Hill, the waterfront to the South End, said there were 7.5 percent more sales of condos during the second quarter of this year compared to 2006.

So, what's selling? High-end units with two, three or more bedrooms.
Prices are up, too: The median price, $472,750, is 4 percent higher than last year.

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About boston real estate now
Scott Van Voorhis is a freelance writer who specializes in real estate and business issues.
Rona Fischman is a buyer's agent who provides a look at the local housing scene, from basements to attics.
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