Back Bay Neighborhood Market Trends

Back Bay’s rich history and trendy restaurants, and nightlife create a vibrant atmosphere everyone wants to be part of. Our own office is located in the heart of BackBayandwecanattesttothemajestic bustle! The number of condos sold remained steady while the average days on market increased. Average sales price decreased by13%eveningoutthemarket. The current average list price for a condo in Back Bay is $4,758,944 with 129 units onthemarket.However,wemusttakeinto considerationthisincludesinventoryfrom ournewestluxurybuilding,Raffles.

Beacon Hill Neighborhood Market Trends

Brick row houses with beautiful doors and gaslit cobblestone sidewalks lined with window boxes all add to the charm and mystiquethatcanonlybefoundinBeacon Hill. The number of condos sold dropped nearly 50% year-over-year in the second quarter.Averagesalepricealsodecreased. Days on market has increased pointing to a more balanced market and we predict more inventory to come on the market in the coming weeks. The current average list price for a condo in Beacon Hill is $3,559,625 with 24 units currently on the market.

Brookline Neighborhood Market Trends

Brookline offers a rare mix of urban living in an attractive suburban atmosphere. Its variety of restaurants, shopping and iconic cultural institutions backdropped against an acclaimed public school system make it singularlyappealing.Thenumberofcondos sold dropped 12% year-over-year for the second quarter. The average sales price increased and days on market remained steady showing a well paced market. The current average list price for a condo in Brookline is $1,434,484 with 58 active listings. The single family market remains fastmovingwithonly17homesforsalewith anaveragelistpriceof$4,215,407