While everyone is wringing their hands over the latest hiccups in the downtown condo market, real estate prices in some of Boston’s hardest hit neighborhoods have imploded.

It’s a subject I delve into in my B&T column his week.

Let’s just say if you own a condo downtown, it’s hard to see you have much to complain about. After all, even if sales are down, prices are edging ever skyward.

But if you bought a condo in Dorchester, Roxbury or Mattapan in the past few years, you might as well have taken all that money, stuffed it into a bag and thrown it over the Longfellow bridge   and into the Charles.

After nearly hitting the $300,000 mark back in the summer of 2006, median condo prices in Dorchester and Roxbury have plunged – really the right word for this – to just $81,500, according to neighborhood housing researcher John Anderson.
That’s a 72.4 percent drop.

Don’t expect to ever see anything like that downtown, even if our embattled economy finally totters over into another Depression.

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