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: 129
Back on market (listings that went under agreement but deals fell through): 22
Price changes (almost always downward, but some go up): 98
Under agreements: 122
Off market (variety of reasons, but sometimes these are old listings that never sell): 47
ON MARKET DATA:
Total number of listings: 1995 (-19)
Average asking price: $714,578 (-$5,000)
Median asking price: $495,000 (- $4,000)
Average $ / SF: $549 (- $2)
Average days on market: 30 (+2)
My opinion: Hazy shades of summer.