Weekly Update, March 11, 2005
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: 175
Back on market (listings that went under agreement but deals fell through): 13
Price changes (almost always downward, but some go up): 66
Under agreements: 127
Off market (variety of reasons, but sometimes these are old listings that never sell): 37
My opinion: Slight increase in number of new listings; still hoping for more, though, because there are definitely buyers out there, looking. Number of properties that went under agreement was down a bit. Open house traffic was slow last weekend, apparently. I bet this weekend it will be, too, if the weather doesn’t cooperate.
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