Observer
Boston · neighborhood report

Back Bay

296 condos sold here in the past 12 months for a typical $1,395,000, or $1,337 a square foot. Right now it's a buyer's market.

$1.4M
typical condo sale price, past 12 months
$1,337
per square foot
26 days
typical time to an accepted offer

Key factsAs of November 10, 2026

  • As of November 10, 2026, 296 condos sold in Back Bay, Boston in the past 12 months, for a typical $1,395,000 ($1,337 per square foot).
  • That is 65% more per square foot than condos across Boston ($809).
  • Condos in Back Bay took a typical 26 days to get an accepted offer (Boston overall: 22), and 30% sold at or above the first asking price.
  • As of November 10, 2026, Back Bay is a buyer's market: 167 homes are for sale, about 7.5 months of supply at the pace of the last 12 weeks (62 accepted offers). Under 4 months favors sellers, 4 to 6 is balanced, over 6 favors buyers.
  • 37% of the 167 homes for sale in Back Bay have cut their asking price.
  • Typical rent in Back Bay, Boston (leases in the past 12 months): studio $2,550, 1 bedroom $3,250, 2 bedrooms $5,800, 3+ bedrooms $8,900 a month.

Cite as: “Back Bay, Boston neighborhood report,” Boston Real Estate Observer, https://bostonrealestateobserver.com/towns/boston/back-bay/ (verified market data as of November 10, 2026).

Observer Condo Index, October 2026: 101.5. Greater Boston condos sold for a typical $601 a square foot over the last three months. Back Bay condos: $1,337 a square foot over the past 12 months, 122% more.

By type of homePast 12 months

TypeSalesTypical pricePer sq ftMiddle half, per sq ftDays to offerAt or above asking
Condos296$1.4M$1,337$1,138–$1,6312630%
Single-family8$10M$1,813$1,479–$1,8597213%
Multi-family3$8.3M$942$875–$1,0933333%

What condos in Back Bay sell for, per square foot

Typical sale price per square foot, condos, by quarter (quarters with 8 or more sales).

$1,500$750
$1,326
2025 Q42026 Q4
Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
QuarterPer sq ftSales
2025 Q4$1,29671
2026 Q1$1,39955
2026 Q2$1,34090
2026 Q3$1,34387
2026 Q4$1,32619

RentLeases signed in the past 12 months

  • Studio: $2,550 a month (160 leases)
  • 1 bedroom: $3,250 a month (347 leases)
  • 2 bedrooms: $5,800 a month (198 leases)
  • 3+ bedrooms: $8,900 a month (61 leases)

More on Back Bay

Questions people ask

Is Back Bay a buyer's or seller's market?
Back Bay is a buyer's market: 167 homes are for sale, about 7.5 months of supply at the pace of the last 12 weeks (62 accepted offers). Under 4 months favors sellers, 4 to 6 is balanced, over 6 favors buyers.
What is the price per square foot in Back Bay, Boston?
Condos: $1,337 (most sold between $1,138 and $1,631); Single-family: $1,813 (most sold between $1,479 and $1,859); Multi-family: $942 (most sold between $875 and $1,093). Past 12 months, verified market data.
How fast do homes sell in Back Bay?
Condos: a median 26 days to an accepted offer (296 sales); Single-family: a median 72 days to an accepted offer (8 sales); Multi-family: a median 33 days to an accepted offer (3 sales).
How much is rent in Back Bay?
Studio: $2,550 a month; 1 bedroom: $3,250 a month; 2 bedrooms: $5,800 a month; 3+ bedrooms: $8,900 a month (leases signed in the past 12 months).

Other neighborhoods in Boston

Boston overall · South Boston · Jamaica Plain · South End · Brighton · Dorchester · Roslindale · West Roxbury · Charlestown · Beacon Hill · East Boston · Waterfront · Hyde Park · Midtown · East Boston's Jeffries Point · Seaport District · Dorchester's Savin Hill · Allston · The Fenway · North End · Roxbury · Mattapan · East Boston's Eagle Hill · Dorchester's Ashmont · Dorchester's Neponset · Dorchester's Lower Mills · West End

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