Boston Condo Sales are on the Rise

Here's some good news for the economy, perhaps bad news if you're looking for a deal on a luxury condo in downtown Boston. Between July and September of this year 823 condos were sold, a 22.5% increase compared to the same period last year. Luxury condos did even better compared to the third quarter of 2010, with 171 condos sold for an increase of 27.6%. The areas considered downtown by The Listing Information Network, who compiled and tracked this data, are neighborhoods like Beacon Hill, Back Bay and Charlestown. Allston, Dorchester and Jamaica Plain are not.