With all of the talk about different aspects of the Boston real estate market, you may be wondering What about Boston luxury condos Boston luxury condos can be an option over Boston luxury townhouses for many Boston real estate buyers for a number of different reasons. But the big question is do they have the same ability to hold their value as Boston Townhouses

Perhaps one of the best ways to measure how Boston condos are holding their value is by reviewing how the price per square foot for Boston condos has changed over the years. Based on the average sale price per square foot of Boston luxury condos as of the 1st quarter of 2011, it seems that Boston condos are no longer consistently holding their value as they had From 2001 to 2005 when at that time we saw the price per square foot rise and between 2005 and the end of the 1st quarter of this year they have held pretty steady. This is either good or sad news for the owners of Boston condos but good news for anyone looking to purchase Boston condos. When every 4 out of 5 homes in Boston are Boston condos, its a good sign to see that theyre selling consistently at lower prices per square foot if your a Boston condo buyer.

What does this mean for buyers interested in Boston condos. While no one can predict exactly what will happen in the next few years, but we feel as the job market improves that Boston condos are a pretty steadfast sector of the Boston real estate market. Contact a Boston real estate agency such as Bostonkeys if youre interested in looking at Boston condos for sale.