I was on the T this morning and I was wondering what impact (if any) the govt bailout crisis was having on the Boston condo market.
The following is from MLS data showing the number of Boston condos that went under agreement (UAG) in the last two weeks.
Total number of Boston condos: under agreement (UAG) – 12
The number of condos priced $200,000 and below UAG – 5
The number of condos priced $201,00O to $300,000 UAG – 1
The number of condos priced $301,000 to $500,000 UAG – 4
The number of condos priced $501,000 to $900,000 UAG – 2
The number of condos priced $901,000 to $2,000,000 UAG – 0
The number of condos priced $2,000,000 and above UAG – 0
What do you make of these numbers?
Do you think my data of only two weeks is to short of a time frame to read anything from this?
