Truila announced that 26% of homes on the market in Boston, as of February 1, 2010, have experienced at least one price cut.
The following are excerpts from the Trulia web site:
* Boston ranked 18th with the most price reductions out of the top 50 cities ranked.
* The percentage of Boston listings with at least one price reduction – 26%.
* The average price reduction in Boston – 7%.
* Total amount of reductions in Boston – $29,473,992.00.
Click here – See graphics for data table.