Below is a report of sales and
listing activity for the past week.
Information is derived from LINK, the online
database that is used by most Boston real estate agents.
Back on market (listings that went under agreement but deals fell through): 8
Price changes (almost always downward, but some go up): 133
Under agreements: 160
Off market (variety of reasons, but sometimes these are old listings that never sell):
My opinion: Very steady number of new listings and under agreements. Price
changes went up, by about 30% – indicative of an issue with pricing; sellers probably set initial
prices too high, and are lowering them, hoping to get buyers before the start of summer.
Originally posted 2005-04-22 19:46:00.