The following is the Weekly Activity Summary, as reported by the Boston Listing Information Network (LINK), for the week 9/2/2006 - 9/9/2006, compared to (last week’s numbers).
Number of new listings: 244 (57)
Number of price changes: 231 (91)
Number of properties back on the market: 39 (23)
Number of properties off-the-market: 134 (121)
Number of properties under agreement: 68 (56)
Number of properties sold: 162 (213)
Total number of properties currently on the market: 3,006 (2,942)
Large number of new listings and price changes as sellers prepare for the fall market. What remains to be seen is whether these sellers have priced their properties appropriately, and whether buyers are ready to buy, given the state of the market.
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