Today I was viewing the downtown Boston real estate MLS canceled an expired condo rate. One of my rates readers asked how many listings were canceled or had expired. I ran some numbers for downtown Boston for the last two months:
- 306 downtown Boston condos were either canceled or expired the last 14 days.
It is likely that some of these downtown Boston condo listings that were canceled or expired were put back on the market in 2021. The number of Boston condo listings expired or canceled in the last two weeks may seem high, but its not unusual for this time of year.
Downtown Boston Real Estate and the Bottom Line
It is not all that unusual to cancel a listing and then put it back on the market a couple of days later to kind of re-set the clock, and make the listing appear new. We can tell when we look in the MLS how many days a home has been on the market in the last year.