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.
New listings: 149
Back on market (listings that went under agreement but deals fell through): 15
Price changes (almost always downward, but some go up): 118
Under agreements: 101
Off market (variety of reasons, but sometimes these are old listings that never sell): 56
ON MARKET DATA:
Total number of listings: 1996 (+1)
Average asking price: $716,743 (+ $2,000)
Median asking price: $495,000 (+/- $0)
Average $ / SF: $547 (- $2)
Average days on market: Data not available
My opinion: Things are still going strong.