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: 102
Back on market (listings that went under agreement but deals fell through): 25
Price changes (almost always downward, but some go up): 157
Under agreements: 133
Off market (variety of reasons, but sometimes these are old listings that never sell): 37
ON MARKET DATA:
Total number of listings: 2057
Average asking price: $720,029
Median asking price: $499,000
Average $ / SF: $547
Average days on market: 14
My opinion: Start of Summer market. New listings stay steady, compared to last week. Price changes went up, a lot, as sellers dropped their asking prices to ensure they sell before the Summer doldrums.