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 Proper real estate agents.
New listings: 213
Back on market (listings that went under agreement but deals fell through): 16
Price changes (almost always downward, but some go up): 149
Under agreements: 79
Off market (variety of reasons, but mostly these are old listings that never sold): 129
ON MARKET DATA:
Total number of listings: 2496 (+ 43)
Average asking price: $664,008 (+ $2,000)
Median asking price: $451,039 (+ $2,000)
My opinion: Looks like a good number of sellers just gave up, and took their properties off the market. Waiting until late spring? Summer? Fall, anyone?