Condo Prices Triple in

Condo Prices Triple in Boston's South End

According to an article in The Boston Globe, despite being one of the Boston's worst crime "hot spots," the South End neighborhood — situated between the Back Bay and Roxbury sections of the city — has seen its median condo price triple during the past 10 years to $515,000.  In the neighborhood, at least 25 shootings occurred in the South End this year, the newspaper reports, while one in four residents earns less than $15,000 yearly and one in five earns more than $100,000 yearly. Still, crime levels aren't deterring buyers — while at the end of June, other Boston areas saw a median year-over-year condo-price decline, "South End prices held firm," the article says. A local real-estate professional is quoted as saying, "There isn't a property I'm aware of that's on the market because someone is unnerved."

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