MARKET REPORT
BACK BAY
Back Bay continues to be one of Boston’s most expensive neighborhoods. The Number of Sales edged up slightly and the Average Price dipped. However, evidence of demand can be seen in the pace of the market, with properties selling significantly more quickly than in years past (Days on Market).
q4 sales summary 2016 SALES
100
AVERAGE SELLING PRICE
$1,733,428
DAYS ON MARKET
52
CHARLESTOWN
Charlestown is continuing to see pressure from a lack of inventory. As one would expect, fewer sales caused a higher Average Price and sales occurred more quickly. Charlestown will likely see this trend continue into 2017.
q4 sales summary 2016 SALES
80
AVERAGE SELLING PRICE
$795,908
DAYS ON MARKET
38
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