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: 138
Back on market (listings that went under agreement but deals fell through): 24
Price changes (almost always downward, but some go up): 129
Under agreements: 114
Off market (variety of reasons, but sometimes these are old listings that never sell): 45
ON MARKET DATA:
Total number of listings: 2038
Average asking price: $703,092 (- $2,791)
Median asking price: $489,000
Average $ / SF: $542 (+ $1)
Average days on market: 28 (+4)
My opinion: Good number of under agreements, this week; new listings stay pretty constant. Lots of price changes; most probably only came down $10,000 or so, it appears.