Dorchester Massachusetts Condo Sales Reprot August 2008
By Robert Nichols, MungoList.com
(MungoList.com)
Dorchester Condo sales volume in August 2008 has declined 27% versus August 2007. Additionally, the median sales price has declined 16% fro the same period. Dorchester has been hit hard by the mortgage crises and many recent home buyers were forced to sell short or allow there properties to be foreclosed on. The actual numbers are as follows: Total sold volume 2007 was 44 units while only 32 units sold in 2008. The median sales value was $254,250 in 2007 and dropped to $212,500 in 2008. For additional information about the Dorchester real estate market visit sharpbuyers.com
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