L4.6% Decrease in Median Sale Price since January

!The condo market in the Back Bay remains a seller's market despite the decrease in median sale price due to the small sample. Usually activity slows once the medical residents/doctors start their residencies and new internships on July 1st, but we don't see it having a drastic effect on the overall market.!

RE/MAX LEADING EDGE MONTHLY REAL ESTATE REPORT

JULY REAL ESTATE MARKET REPORT Back Bay

Seller’s!Market!!!!!!!!!!!Even!

Market!!!!!!!!!!!Buyers!Market

Source: Absorption rate data extracted on (7/2/14) via imaxwebsolutions.com!Prior Period: 1/1/13-6/30/13 Current Period: 1/1/14 - 6/30/14