Downtown Boston has gotten so crowded with high-paid workers that there’s hardly any luxury real estate left for them to buy.
In the first quarter, the median price for a high-end condo rose almost 43% from a year earlier to $3.9 million, according to data from appraiser Miller Samuel Inc. and brokerage Douglas Elliman Real Estate released Thursday. There were only 59 listings in the top 10% of the condo market, about a quarter of the level a year earlier.