If you read which neighborhood has the most expensive condos in Boston, then you know the Back Bay condo market is the most expensive in the city with median prices well above $700,000! For most of us, that's a pretty hefty price and still only gets you to the middle of the market. Ahhh....life in Boston! But say you can get close in price and you are looking for a decent condo in the Back Bay for around $600,000, what does that get you?
Back Bay Condos (under $600,000):For a quick overview, here are some key stats before we take a look at a few choice properties for under $600K below.
85 condos on market
101 days on market average
$429,000 average list price
$693 average list price per sq ft
Sold (in last 3 months)
89 days on market average
$439,000 average sale price
$659 average sale price per sq ft
*in the sub $600K price range, there is currently a 8.25 month supply of condos in the Back Bay
A sample of Back Bay condos listed for under $600,000:
Here are a few properties (with photo and description from MLS) I've selected to give you a sample of what $600,000 will buy you in the Back Bay condo market:
Back Bay Condo: 103 Marlborough Street - Unit 6
$529,000 (1 bed, 1 bath-615 sq ft)
Charming one bedroom located near Clarendon on Marlborough St. Indian shutters in bay windowed LR with tall ceilings, tall wainscot ting, Delft tile Fireplace surrounded by glass cabinetry. 2005 kitchen, renovated bath with combo washer dryer. Lovely wood floors in bedroom and living room. Self managed building 6-8 Owner occ. New roof. Direct access full parking space included in price! Additional storage and common laundry in basement. (Description and image provided by Maureen Ohara of Coldwell Banker Residential Brokerage).
Back Bay Condo: 159 Saint Botolph St - Unit 1
$600,000 (2 bed, 1.5 bath-1110 sq ft)
Renovated 2 bed/1.5 bath garden floor-thru with private patio and full deeded parking space. This unit has high ceilings, moldings, & hardwood floors throughout.Open layout has separate living & dining rooms,large kitchen with breakfast bar.2 ample sized bedrooms,good closet space,marble bath with whirlpool tub.Central A/C,in unit laundry & marble entryway.Ideally situated on tree lined St. Botolph Street steps to both Back Bay & South End shops & restaurants. (Description and image provided by Charlesgate Realty Group, actually - this is one of our listings!).
Back Bay Condo: 90 Marlborough St - Unit 2
$599,000 (2 bed, 2 bath-1036 sq ft)
LOCATION! On prestigious Marlborough by Clarendon. Just 2 blocks to Public Garden. Gorgeously renovated, spacious 2 Bed / 2 Bath home. All within elegant Back Bay townhouse with grand proportions and elevator. Open kitchen w/ cherry cabinets, granite counters, stainless appliances and gas cooking. Open to separate dining. Entertainment-size living w/ fireplace. Luxuriously renovated baths. Central air. Gas heat. W/D. Hardwoods. (Description and image provided by Lucas Garofalo at Keller Williams Realty).
Back Bay Condo: 23 Bay State Rd* - Unit 2
$589,000 (1 bed, 1 bath-825 sq ft)
Gorgeous totally renovated front facing second floor one bedroom with beautiful original detail. Large sunny living room with fireplace, bow window, built-in's, and separate dining area. Renovated cook's kitchen with granite counters, and SS appliances. Spacious bedroom with pretty arched window. Fantastic closet space throughout with bonus customized walk-in. Elegant full bath. Pristine hardwood floors and original moldings throughout, w/d in unit, and direct access tandem parking. (Image and description provided by Judy Pagano at Gibson Sotheby's International Realty).
*and for you nit pickers, yes, Bay State Rd. is technically "Back Bay West" so it counts!
Back Bay Condo: 416 Commonwealth Ave - Unit 508
$589,000 (1 bed, 1.5 bath-953 sq ft)
Totally renovated one bed/one and a half bath in full service building with grand common areas. Great Master Suite, with walk in closet. Next to Storrow Drive and Newbury Street. (Description and image provided by Hugh Geiger at First Boston Realty Group).
Anything you like?
Not a bad selection for under $600,000 in the Back Bay, huh? There are some solid options there. I hope you enjoyed this "window into the Back Bay real estate market".
Contact me if you'd like more info on any of those properties or about the market in general. And if you're not in the $600,000 price range, you can also search our terrific google powered multiple listing search engine to find all available Boston condos.
Questions? Thoughts? Comment below!