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Most recent Back Bay condo sales stats

The most updated Back Bay condo sales stats:

Back Bay condo sales from January to June 1st

Number of Back Bay condo sales in 2011 – 154
Number of Back Bay condo sales in 2012 – 174
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Average Back Bay condo sales price 2011 – $1,242,585
Average Back Bay condo sales price 2012 – $1,138,769
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Median Back Bay condo sales price 2011 – $830,000
Median Back Bay condo sales price 2012 – $770,000
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Average price per square foot Back Bay condo – $799.00
Average price per square foot back bay condo – $770.00
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Days on the market to sell Back Bay condo 2011 – 137
Days on the market to sell Back bay condo 2012 – 113

Well, I’m gald to see the number of Back Bay condo sales are up. Your thoughts?

One Response to Most recent Back Bay condo sales stats

  • Prices down, volume up. That makes sense. Looks like the market is slowly creeping towards sustainable prices / long term equilibrium.