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 and other trends

SEE ANNUAL STATS BELOW

Back Bay condos going pending, under agreement

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

Through 1/31/2025. 30-day periods rolling every 2 weeks.

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

As of 1/31/2025 the number of available condos is 90
Average days on market for currently available units as of 1/31/2025: 130

Back Bay condos going under agreement vs inventory

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

For January 1-January 31, 2025. 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.

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

Through 1/31/2025. 30-day periods. Rolls every 2 weeks

The number of properties available vs. the number of condos going under agreement/pending in the last 30 days.
Expressed in "months of supply." Determines whether there is upward or downward pressure on prices.
A 4+- month supply considered a balanced market. Above that, there is downward pressure on prices, and below that there is upward pressure.
While sales activity has lessened, there are also fewer condos on the market, driving prices up despite the 4+ months of supply.