In May 2008, Boston single family home sales decreased from 111 in May 2007 to 73 in May of 2008. This represents a 34.2% decrease in volume. Prices also decreased for the same period. In May of 2007 the Median price for a single family in Boston was $385,000. In May of 2008 the median price was $356,000.00. This is an 8% decrease in value. Based on the data, it is clear that Boston single family home sales continue to decline. Home buyers stand to benefit the most during these market conditions. This information was provided by SharpBuyer.com, Boston's Buyer Broker.
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