| Neighborhood | Aug - Oct '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| Back Bay | $600,000 | +20.2% | $557,500 | $499,000 | $447,000 | Boston | $525,000 | +8.2% | $485,000 | $485,250 | $412,500 |
The median sales price for homes in Back Bay for Aug 09 to Oct 09 was $600,000. This represents an increase of 7.6%, or $42,500, compared to the prior quarter and an increase of 20.2% compared to the prior year. Sales prices have appreciated 34.2% over the last 5 years in Back Bay, Boston.
The median sales price of $600,000 for Back Bay is 14.29% higher than the median sales price for Boston MA. Average listing price for homes on Trulia in Back Bay was $1,931,734 for the week ending Nov 25, which represents a decline of 2%, or $38,430 compared to the prior week and a decline of 4.3%, or $87,552, compared to the week ending Nov 04. Average price per square foot for homes in Back Bay was $715 in the most recent quarter, which is 11.37% higher than the average price per square foot for homes in Boston.
| Neighborhood | Week ending Nov 25 | w-o-w | Week ending Nov 18 | Week ending Nov 11 | Week ending Nov 4 |
|---|---|---|---|---|---|
| Back Bay | $1,931,734 | -2.0% | $1,970,164 | $2,007,610 | $2,019,286 | Boston | $749,778 | +0.6% | $745,052 | $737,909 | $742,562 |
| Neighborhood | Aug - Oct '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| Back Bay | $715 | +1.3% | $687 | $706 | $632 | Boston | $642 | +0.5% | $620 | $639 | $581 |
| Neighborhoods | Week ending Nov 25 |
w-o-w | Week ending Nov 18 |
Week ending Nov 11 |
|---|---|---|---|---|
| Back Bay | 1 | +1 | 2 | 2 |
| South End | 2 | -1 | 1 | 1 |
| South Boston | 3 | +1 | 4 | 5 |
| Beacon Hill | 4 | +1 | 5 | 4 |
| Dorchester | 5 | -2 | 3 | 3 |
| Charlestown | 6 | — | 6 | 6 |
Market Trends
Fair Housing and Equal Opportunity
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Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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