Metro Boston condominium prices flat in January S&P Case-Shiller index

The latest S&P Case-Shiller real estate indices have been published.

For the Greater Boston metropolitan area, local condominium prices are flat, compared to last month, but down slightly from last year and the year before.

According to the S&P Case-Shiller data, prices dropped 1.67% in January 2012 compared to January 2011 and are down 2.85% from January 2010. Prices are up ~53% since January 2000. Prices reached their post-millennium high in October 2005, when prices were up ~83%.

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Author: John Keith

John A Keith is a licensed real estate broker in Boston, Massachusetts. He helps buyers and sellers of condos and single-family homes in all of Boston’s neighborhoods.

He is also a writer whose work has appeared in South End News, Boston Courant, Back Bay Patch, and Boston Herald.