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: 174
Back on market (listings that went under agreement but deals fell through): 18
Price changes (almost always downward, but some go up): 210
Under agreements: 74
Off market (variety of reasons, but sometimes these are old listings that never sell): 98
ON MARKET DATA:
Total number of listings: 2622 (-7)
Average asking price: $639,000 (- $6,000)
My opinion: Slow. And steady. The numbers of new listings don’t seem to be coming down, at all. Not sure why.