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: 207
Back on market (listings that went under agreement but deals fell through): 20
Price changes (almost always downward, but some go up): 148
Under agreements: 207
Off market (variety of reasons, but sometimes these are old listings that never sell): 48
ON MARKET DATA:
Total number of listings: 2101
Average asking price: $705,249 (-$15,000)
Median asking price: $485,000 (-$14,000)
Average $ / SF: $544 (-$3)
Average days on market: 17 (+3)
My opinion: Healthy activity. Total on-market will probably go down slowly for the rest of the summer, as less properties come on and more go under.