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: 176
Back on market (listings that went under agreement but deals fell through): 15
Price changes (almost always downward, but some go up): 273
Under agreements: 85
Off market (variety of reasons, but sometimes these are old listings that never sell): 87
ON MARKET DATA:
Total number of listings: 2642 (+26)
Average asking price: $647,000 (- $12,000)
My opinion: Cold out there.