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: 218
Back on market (listings that went under agreement but deals fell through): 24
Price changes (almost always downward, but some go up): 253
Under agreements: 75
Off market (variety of reasons, but sometimes these are old listings that never sell): 72
ON MARKET DATA:
Total number of listings: 2501 (+73)
Average asking price: $673,000 (- $8,000)
My opinion: Buyers’ market.