Breaking Down The Numbers: Back Bay and South End
South End Breakdown
South End prices continued their upward climb in the third quarter of 2016. The me- dian sale price for the biggest seller, two-bedroom condominiums, increased by 15.5% year-over-year.
Back Bay Breakdown
One- and two-bedroom properties were the most in-demand, comprising nearly 75% of all Back Bay residential real estate transactions in 2016. In-line with that metric, almost 50% of all homes purchased in 2016 ranged from 700 to 1500 square feet in size. Properties larger than 2400 square feet commanded by far the highest prices at a median sales price of $5.35 million.