2009 Back Bay Boston Real Estate Wrap and Details

2/4/10- Back Bay market details for 2009 and January 2010 are now posted, and you can take a look at them here. Some surprising metrics. According to LINK, which takes their closed data from the Suffolk Registry of Deeds, the 4th quarter of '09 (114 closings) was the 2nd strongest 4th quarter since 2005 (although for perspective, the 4th quarter of '04 had 198). This was definitely energized by the homebuyer tax credit, although it's hard to know how much. Average asking to selling ratio was about 89%, which was off considerably from previous quarters. This was led by the weak extreme high end market. 
Click here for all the details.