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: 132
Back on market (listings that went under agreement but deals fell through): 14
Price changes (almost always downward, but some go up): 119
Under agreements: 112
Off market (variety of reasons, but sometimes these are old listings that never sell): 66
ON MARKET DATA:
Total number of listings: 1971 (-25)
Average asking price: $717,307 (+ $500)
Median asking price: $489,000 (- $6,000)
Average $ / SF: $546 (- $1)
Average days on market: Data not available
My opinion: Healthy number of sales this week. Not much else to say.