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: 92
Back on market (listings that went under agreement but deals fell through): 23
Price changes (almost always downward, but some go up): 157
Under agreements: 61
Off market (variety of reasons, but sometimes these are old listings that never sell): 154
ON MARKET DATA:
Total number of listings: 2459 (-95)
Average asking price: $643,780 (+ $6,000)
My opinion: Lots of sellers took their homes off the market this week – presumably they expected little activity over the next month, so decided to wait ’til the new year.