Cambridge Condominiums: A word about unit volume

I'm getting tired of hearing my esteemed colleagues commenting on how "dead" the condo market feels. According to the chart below, our unit sales volume is actually pretty consistent with most of the past ten years, save for the decidedly UNUSUAL years of 2004-2007.  However, I would wholeheartedly agree that it is fun to pretend that those years were the rule and now we're living the exception, just waiting for the years of 1000+ condo sales to return.  Alas, I think we'll be waiting a while.

Oh - and important for me to note that these are not doom and gloom data - I will post soon about the average and median prices - that is a happy tale for Cambridge homeowners!

Cambridge MA real estate condominium sales - unit volume