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Boston’s Priciest Condos Disappearing Fast in Luxury Sales Boom

The skyline in Boston, Massachusetts.

The skyline in Boston, Massachusetts.

Photographer: Scott Eisen/Bloomberg

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.