Back Bay Real Estate Market Report

Back Bay Boston Real Estate

Market Report

Read below to learn more about the Back Bay real estate market. Indexes include median price, numbers of properties sold, $ per square foot, days-on market, condo availability, and much more

About Back Bay
Back Bay Boston real estate market report

Real Estate Market Trends in Boston's Back Bay

Condo Prices

Back Bay condos going pending, under agreement

Condominiums Going Under Agreement, Boston's Back Bay (MLS-PIN)

Through 9/15/2022. 30-day periods rolling every 2 weeks.

Available Back Bay condos

Number of Available Condominiums in Boston's Back Bay (MLS-PIN)

As of 9/20/2022, the number of available condos is 105
Average days on market for currently available units as of 9/20/2022: 92

Back Bay condos going under agreement vs inventory

Inventory vs. Properties Going under agreement in Boston's Back Bay (MLS-PIN)

For August 15-September 15, 2022. The chart above compares the number of units going under agreement in this period with the number of available listings at the end of that period.

Back Bay condo absorption rate

Under Agreement Absorption Rate; Months of Supply, Back Bay (MLS-PIN)

Through 9/15/2022. The absorption rate, or "months of supply" demonstrates whether there is sufficient property for current demand, or too much or too little. Months of supply is the left axis on the chart. It compares the number of condos available at a particular point with how many have gone under agreement in the 30 day period prior (each 30 day period rolls every 2 weeks). A 3 month supply is generally regarded as a market that is balanced between sellers and buyers.

Back Bay condo median sales price per quarter

Median Sale Price per Quarter, Back Bay Condos (LINK)

Third Quarter of 2022 as of 9/20/2022 (not final figure): $1,387,500

Back Bay sold condos $ per square foot

Average $/SF Quarterly for Back Bay Condos Sold (LINK)

Third Quarter of 2022 as of 9/20/2022 (not final figure): $1,384/SF

Closed Condominiums per Quarter in the Back Bay

Closed Condominiums per Quarter in the Back Bay (LINK)

Asking-Selling Price Ratio for Back Bay Condos Quarterly

Asking-Selling Price Ratio for Back Bay Condos Quarterly (LINK and MLS-PIN)

Average Days-On-Market for Sold Condos Quarterly, Back Bay

Average Days-On-Market for Sold Condos Quarterly, Back Bay (MLS-PIN)

Back Bay Condominiums Sold per Year

Back Bay Condominiums Sold per Year (LINK)

Median Price, Condos Sold per Year, Back Bay

Median Price, Condos Sold per Year, Boston Back Bay (LINK)

In thousands

verage $/SF, Condominiums Sold by Year, Back Bay of Boston

Average $/SF, Condominiums Sold by Year, Back Bay(LINK)

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