Back Bay Boston Real EstateMarket ReportRead 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 |
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Real Estate Market Trends in Boston's Back BayCondo Prices |
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Condominiums Going Under Agreement, Boston's Back Bay (MLS-PIN)Through 1/15/2023. 30-day periods rolling every 2 weeks. |
Number of Available Condominiums in Boston's Back Bay (MLS-PIN)As of 1/21/2023 the number of available condos is 90 |
Inventory vs. Properties Going under agreement in Boston's Back Bay (MLS-PIN)For December 15, 2022-January 15, 2023. 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 1/15/2023. 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. |
Median Sale Price per Quarter, Back Bay Condos (LINK)First Quarter of 2023 as of 1/21/2023 (not final figure): $1,887,500 |
Average $/SF Quarterly for Back Bay Condos Sold (LINK)First Quarter of 2023 as of 1/21/2023 (not final figure): $1,488/SF |
Closed Condominiums per Quarter in the Back Bay (LINK) |
Asking-Selling Price Ratio for Back Bay Condos Quarterly (LINK and MLS-PIN) |
Average Days-On-Market for Sold Condos Quarterly, Back Bay (MLS-PIN) |
Back Bay Condominiums Sold per Year (LINK) |
Median Price, Condos Sold per Year, Boston Back Bay (LINK)In thousands |
Average $/SF, Condominiums Sold by Year, Back Bay(LINK) |
