Back Bay 2009 Condo Report
According to MLS statistics:
• Approximately 358 condominium listings sold in the Back Bay in 2009. This was down from approximately 405 the previous year in 2008.
• The average sale price was $990,990. This was down from $994,794 the previous year in 2008.
• The average list price was $1,080,029. The average list price per square foot was $869.
• The average market time was 117.264 days.
• The lowest price condo to sell in the Back Bay in 2009 was a $148,000 studio located at 1091 Boylston Street. The unit was approximately 319 square feet.
• The most expensive condo to sell in the Back Bay in 2009 was a $6,400,000 3 bedroom penthouse condo located at 100 Beacon Street. The unit was approximately 3535 square feet.
• A condo sold almost every single day in the Back Bay in 2009. Prices remained stable from 2008 with only a less than 1% decrease.