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Back Bay Condo Sales – Year to Year

A blog reader requested that I conduct year to year sales stats and not just month-to-month or quarterly on Boston neighborhoods. Listed below are Back Bay condo sales stats year to year.

Back Bay Condo Sales 3/1/07 – 2/28/08
Avg sales price – $947,265.00
Median sales price – $630,000.00
Avg. price per Sq. ft. -$749.00

Back Bay Condo Sales 3/1/08 – 2/28/09
Avg sales price – $1,411,202.00
Median sales price – $745,000
Avg price per sq ft – $847.00

Source: LINK

Read other posts about: Back Bay Real Estate

3 Responses to “Back Bay Condo Sales – Year to Year” »»

  1. Comment by condobuyer | 03/16/09 at 10:13 am

    The huge jump in price is most likely caused by all 50 or so of the Mandarin sales closing last year. I think Back Bay while usually stronger than any other area obviously, was also stronger for the 3/1/08-9/30/08 part. I would love to see 10/1/07-3/1/08 compared against 10/1/08-3/1/09. That would depict the world after many things changed.

  2. Comment by condobuyer | 03/16/09 at 10:14 am

    The huge jump in price is most likely caused by all 50 or so of the Mandarin sales closing last year. I think Back Bay while usually stronger than any other area obviously, was also stronger for the 3/1/08-9/30/08 part. I would love to see 10/1/07-3/1/08 compared against 10/1/08-3/1/09. That would depict the world after many things changed. or show it for properties under 2M which includes most people who live here.

  3. Comment by JohnF | 03/16/09 at 10:36 am

    Condobuyer, I will provide you with those sales stats based on the dates you requestd, when I come back from my showing.

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