Oh my! Could this be the year Back Bay condo prices and sales drop? Still early in the game, but…
Back Bay condo Sales from 1/1/11 – 3/5/11
Number of Back Bay condo sales – 50
Average Back Bay condo sales price – $1,367,003.00
Median Back Bay condo sales price – $953,750.00
Average Back Bay condo sales price per sq ft – $806.00
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Back Bay condo sales from 1/1/10 – 3/5/10
Number of Back Bay condo sales – 75
Average Back Bay condo sales price – $1,398,857.00
Median Back Bay condo sales price – $1,100,000.00
Average Back Bay condo sales price per sq ft – $873.00
File Under: What goes up must come down.