Back Bay 2008 Condo Report
According to MLS statistics:
• Approximately 405 condominium listings sold in the Back Bay in 2008.
• The average sale price was 994,794.
• The average list price was $1,047,077. The average list price per square foot was $891.
• The average market time was 103.29 days.
• The lowest price condo to sell in the Back Bay in 2008 was a $155,000 studio at 40 St. Botolph Street. The unit was approximately 205 square feet.
• The most expensive condo to sell in the Back Bay in 2008 was an $8,350,000 4-bedroom penthouse located at 0 Marlborough Street. The unit was approximately 4681 square feet.
• The 2nd most expensive condo to sell in the Back Bay in 2008 was a $6,526,784 4-bedroom penthouse located at 134 Beacon Street. This was approximately 5058 feet.
• At least 1 or more condos sold in the Back Bay every single day in 2008.
• The Back Bay condo market remained strong despite a world wide economic downturn.