New - 17 hours on Rocket
#73340242, Lili Banani, Listing Office: Coldwell Banker Realty - Boston
Back Bay Housing Market Report February 2025•Suffolk County, Massachusetts
Housing Prices in Back Bay, MA
How much do homes in Back Bay, MA cost?
Housing Market Conditions
Is Back Bay, MA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Back Bay is a Buyer's Market
Difference Since February 2024
Since last year, Back Bay has remained a Buyer's Market.
Insight
Back Bay is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$1,475,333$1,317/SqFt
-$19,666
-1.3%
Based on all homes sold in the last 12 months
Insight
Homes in Back Bay have sold for 1.3% less than they did a year ago.
Summary: The median home sold price in Back Bay was $1,475,333 in February 2025, down 1.3% from last year, and the median price per square foot was $1,317.
Median Sold Price By Neighborhoods
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Back Bay | $1.4M | $1.4M | -1.3% |
| Ellis | $1.2M | $1.1M | -7.4% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $786.2K | $800.5K | +1.8% |
| 22 Bedrooms | $1.7M | $1.5M | -11.2% |
| 33 Bedrooms | $3.6M | $3.4M | -6.4% |
| 44 Bedrooms | $8.1M | $6.7M | -17.2% |
| 55+ Bedrooms | $4.1M | $5.9M | +42.6% |
Summary: Back Bay housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +1.8%. The home price for 2 bedroom homes decreased by -11.2%. The home price for 3 bedroom homes decreased by -6.4%. The home price for 4 bedroom homes decreased by -17.2%. The home price for 5 bedroom homes increased by +42.6%.
Housing supply in Back Bay, MA
How many homes are available in Back Bay, MA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 119Last MonthFeb 2025 | ||
| 1042 months agoJan 2025 | +14.4 % Change MoMJan – Feb |
Summary: The Back Bay real estate market had 119 homes for sale in Feb 2025, a 14.4 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 14Last MonthFeb 2025 | ||
| 112 months agoJan 2025 | +27.3 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 17 | 19 | +11.8% |
| 22 Bedrooms | 37 | 43 | +16.2% |
| 33 Bedrooms | 29 | 33 | +13.8% |
| 44 Bedrooms | 8 | 9 | +12.5% |
| 55+ Bedrooms | 13 | 15 | +15.4% |
Summary: Back Bay housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +11.8%. The inventory for 2 bedroom homes increased by +16.2%. The inventory for 3 bedroom homes increased by +13.8%. The inventory for 4 bedroom homes increased by +12.5%. The inventory for 5 bedroom homes increased by +15.4%.
Asking Price vs. Sold Price
How much do homes in Back Bay, MA cost?
Over Asking Price2 Homes
At Asking Price2 Homes
Under Asking Price10 Homes
Insight
If you're buying a home in Back Bay, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Back Bay in February 2025, up by 27.3% month-over-month. Of the 14 sold homes, 71% were sold under asking, 14% were sold at asking, and and 14% were sold over asking.
Days on Market for Back Bay, MA
How long does it take to sell a home in Back Bay, MA?
Breakdown of Home Sale Times
Under 30 Days7 Homes
30 – 90 Days3 Homes
Over 90 Days4 Homes
Insight
Many homes in Back Bay are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 14 homes were sold in Back Bay; 50% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 71 DaysThis YearFeb 2025 | ||
| 104 Days1 year agoFeb 2024 | -31.2 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Back Bay had an average listing age of 71 days in Feb 2025, down by 31.2% compared to the previous year.
Connect With An Agent
Local real estate agents are ready to help you find a home here
Sell My Home
Sell your home with an expert or get the job done on your own.
Get Approved
Get a customizable mortgage solution based on today's rates.
Newest Listings in Back Bay, MA
What homes are available in Back Bay, MA?
New - 18 hours on Rocket
$10,000 Closing Credit¹
#73340223, The Robinette Team, Listing Office: Gibson Sotheby's International Realty
New - 19 hours on Rocket
#73340211, Hanneman Gonzales Penney Gould, Listing Office: Compass
New - 3 days on Rocket
$2,007 Closing Credit¹
#73339772, Lisa Pete, Listing Office: Acres Away Realty, Inc.
New - 3 days on Rocket
#73339668, Meyers Zakon Team, Listing Office: Coldwell Banker Realty - Boston
New - 3 days on Rocket
$10,000 Closing Credit¹
#73338027, Beth Dickerson, Listing Office: Gibson Sotheby's International Realty
New - 4 days on RocketBackup offers
$10,000 Closing Credit¹
#73339463, Jackie O Real Estate Team, Listing Office: Keller Williams Realty Boston-Metro | Back Bay
New - 4 days on Rocket
#73339358, Chris Remmes, Listing Office: Remmes & Co.
New - 5 days on Rocket
#73338611, Gabrielle Baron, Listing Office: William Raveis R.E. & Home Services
New - 7 days on Rocket
#73337721, Andrew Haddad, Listing Office: Northeast Development & Investment, Inc.
New - 7 days on Rocket
#73337657, Tracy Campion, Listing Office: Campion & Company Fine Homes Real Estate
New - 7 days on Rocket
#73337651, Tracy Campion, Listing Office: Campion & Company Fine Homes Real Estate
Popular Cities with Homes for Sale in Massachusetts
- Homes for sale in Boston, MA
- Homes for sale in Brockton, MA
- Homes for sale in Brookline, MA
- Homes for sale in Cambridge, MA
- Homes for sale in Chicopee, MA
- Homes for sale in Fall River, MA
- Homes for sale in Falmouth, MA
- Homes for sale in Fitchburg, MA
- Homes for sale in Framingham, MA
- Homes for sale in Haverhill, MA
- Homes for sale in Hingham, MA
- Homes for sale in Lowell, MA
- Homes for sale in Methuen, MA
- Homes for sale in New Bedford, MA
- Homes for sale in Newton, MA
- Homes for sale in Plymouth, MA
- Homes for sale in Quincy, MA
- Homes for sale in Shrewsbury, MA
- Homes for sale in Springfield, MA
- Homes for sale in Taunton, MA
- Homes for sale in Worcester, MA
MLS Disclaimers and Copyright
Based on information from MLS Property Information Network Inc., for the period 03/01/2023 - 03/01/2025
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 11:55:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.