Boston Real Estate and the Red Sox
Posted by Michael Sylvia on
In the spirit of the Red Sox being in the World Series, I thought I'd have a some fun and check out how the Boston Real Estate market performed when the Red Sox win the World Championships. Most recently the Sox won the World Series in 2004 and 2007, so it will be interesting to see how condos for sale in Boston performed. I certainly wouldn't buy a condo in Boston based on any of this information, and unlike the economy and the stock market, I don't think the Red Sox winning or losing will benefit or hurt the Boston real estate market.
Not surprising, 2004 was a strong year for Boston condo sales, with prices rising 11.2% year over year. What was surprising was the similar trend in 2007, with Boston condo sales rising 10.72% year over year. I thought…
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