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news
Joined: 14 Jul 2007
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Location: Greater Boston
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CC
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 Posted: Tue Oct 05, 2010 2:07 am GMT Post subject: |
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Median price for single-family homes is only $332k in Boston metro area? Doesn't sound right to me. You probably can only buy an ok condo with that little money in Boston......
| Quote: | | Within the Boston metro area, the median price for single-family homes fell to $332,600 last year from $395,600 in 2007, the report said. But despite the 16 percent decline, homes remained out of reach for the majority of workforce households....... |
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admin
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Joined: 14 Jul 2005
Posts: 1826
Location: Greater Boston
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| Posted: Tue Oct 05, 2010 1:17 pm GMT Post subject: |
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| CC wrote: | Median price for single-family homes is only $332k in Boston metro area? Doesn't sound right to me. You probably can only buy an ok condo with that little money in Boston......
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They are probably using a larger physical area than what you are envisioning. Check out the Wikipedia page on "Greater Boston" for a good explanation of some of the various and differing uses of the term.
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