For several weeks in a row the number of new Boston condos coming on the market lags compared to the number of Boston condos selling or going under agreement.

Below are new Boston condo stats from the last seven days:

Number of new Boston condos listed on MLS – 17 (MLS has also has 6 other listings that were re-listed as new condos for sale)

Number of Boston condos under agreement  – 52

Number of Boston condos sold – 43

On 11/17/08 MLS had 1,963 Boston condos for sale. Today MLS has 1,851 Boston condos for sale.

What gives? Why are Boston condo sales outpacing new inventory.

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