Let’s take a look at the appreciation rate, number of sales and days-on-market for Back Bay condos from 2005 through 2010.
Back Bay condo sales data from Januaury 1st – March 20th in 2011:
Number of Back Bay condo sales – 62.
Average condo sales price – $1,368,157.00
Median condo sales price – $840,000.00
Average days on the market – 126
———–
Back Bay condo sales data from January 1st – March 20th in 2010
Number of Back Bay condo sales – 92
Average condo sales price – $1,378,846.00
Median condo sales price – $1,075.00
Average days on the market – 162
————–
Back Bay condo sales data from Janaury 1st – March 20th in 2009
Number of Back Bay condo sales – 43
Average condo sales price – $1,288,293.00
Median condo sales price – $687,500.00
Average days on the market – 158
————–
Back Bay condo sales data from Janaury 1st – March 20th in 2008
Number of Back Bay condo sales – 75
Average condo sales price – $1,288,293.00
Median condo sales price – $687,500.00
Average days on the market – 96
————–
Back Bay condo sales data from Janaury 1st – March 20th in 2007
Number of Back Bay condo sales – 105
Average condo sales price – $966,790.00
Median condo sales price – $676,250.00
Average days on the market – 145
————–
Back Bay condo sales data from Janaury 1st – March 20th in 2006
Number of Back Bay condo sales – 94
Average condo sales price – $833,250.00
Median condo sales price – $616,250.00
Average days on the market – 103
————–
Back Bay condo sales data from Janaury 1st – March 20th in 2006
Number of Back Bay condo sales – 124
Average condo sales price – $882,270.00
Median condo sales price – $699,000.00
Average days on the market – 86
