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: 124
Back on market (listings that went under agreement but deals fell through): 45
Price changes (almost always downward, but some go up): 91
Under agreements: 53
Off market (variety of reasons, but sometimes these are old listings that never sell): 100
ON MARKET DATA:
Total number of listings: 2165 (-100)
Average asking price: $657,600 (+ $8,000)
My opinion: I expected a bit more under agreements, but perhaps I was premature. I mean, how many people were out looking between Monday of this week, and today, or last week, between Christmas & New Year’s. I think it’ll pick up next week.