Weekly Update, March 25, 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: 82
Back on market (listings that went under agreement but deals fell through): 13
Price changes (almost always downward, but some go up): 42
Under agreements: 171
Off market (variety of reasons, but sometimes these are old listings that never sell): 64
My opinion: Whoa. I thought it was a misprint, but no, there were only 82 new listings last week. How’d that happen? The under agreements went up, by a healthy amount.
This stumps me. Hmmm…if people aren’t selling, what does that mean?
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