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Back Bay Condo Sales Data

Back Bay condo sales 1/1/2007 – 3/6/2007
Avg. sales price $871,716.00
Median sales price $575,000.00
Price per sq ft $693.00
Days on the market 138
Number of Back Bay condos sold – 75
_______________________________________

Back Bay condo sales 1/1/2008 – 3/6/2008
Avg. sales price $1,182,553.00
Median sales price $710,000.00
Price per sq ft $798.00
Days on the market 102
Number of Back Bay condos sold – 75
_____________________________________

Back Bay condo sales 1/1/2009 – 3/6/2009
Avg. sales price $1,172,169
Median sales price $925,000
Price per sq ft $758
Days on the market 131
Number of Back Bay condos sold – 39
_________________________________

Back Bay condo sales 1/1/2010 – 3/6/2010
Avg. sales price $1,364,561
Median Sales Price $1,080,000
Price per sq ft: $857
Days on the market:160
Number of Back Bay Condos sold – 66

Read other posts about: Boston real estate condos news

9 Responses to “Back Bay Condo Sales Data” »»

  1. Comment by john dough | 03/07/10 at 4:52 am

    people… i dont know if we are in a mini bubble or not due to government intervention but the market is good right now. so get out there and make some money-stop arguing that market is wack or whatever. get to work!

  2. Comment by Mary | 03/07/10 at 10:13 am

    Not sure why Bradley’s all giddy looking at these numbers. Properties are sitting one to two months longer and sales are down…

    John,

    I hope you factored out the 2008 sales at the Clarendon now showing as ’10 sales…wink

  3. Comment by John Ford | 03/08/10 at 4:29 am

    Mary, why stop there? Let me delete the W as well so we can reach a sales data number you like.

    Returning the *wink*

  4. Comment by condobuyer | 03/08/10 at 1:48 pm

    If the numbers/averages hold through the end of the year then we’ll know it’s for real. If the March-May numbers are worse than Jan-March, then we know we have a problem. Spring should be on the up and up if it’s a trend.

    I do remember that when you compare Oct 08, back bay looked like it was on fire (that was the Mandarin closings). No subsequent year has been able to live up to those figures.

  5. Comment by John Ford | 03/09/10 at 9:01 am

    Okay, for the sake of arguement I’ll provide you sales data w/o The Clarendon:

    1/1/09 – 3/6/09
    Avg sales price: $1,358,830
    Median sales price: $899.000
    Avg price per sq ftL $825.00

    Even if you take out The Clarendon avg. price per sq ft and avg sales price is higher than ’09.

  6. Comment by Boston Broker | 03/09/10 at 1:08 pm

    John, why are you catering to Mary? Be a man and stand up to her!

  7. Comment by Mike | 03/10/10 at 4:10 am

    Spoken like someone more interested in spin than discourse, BBroker. More information leads to better decisions for buyers, which apparently suits your agenda.

    Kudos for rising above that sort of thing, John, you continue to foster open dialog on the Boston market and demonstrate your high standards and integrity.

    Interesting numbers. Good to see some volume coming back to the market, but it looks like sellers have to hold out for a looooong time these days to get their price. Not a healthy sign for volume.

  8. Comment by Mike | 03/10/10 at 4:10 am

    Ooops:

    “apparently suits your agenda” should have read, “apparently doesn’t suit your agenda”

  9. Comment by John Ford | 03/10/10 at 7:32 am

    Mike, thanks!

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