Weekly Boston sales and listings report, October 7, 2006

The following is the Weekly Activity Summary, as reported by the Boston Listing Information Network (LINK), for the week 9/30/2006 - 10/6/2006, compared to (last week’s numbers).

Number of new listings: 129 (251)
Number of price changes: 205 (195)
Number of properties back on the market: 16 (24)
Number of properties off-the-market: 76 (97)
Number of properties under agreement: 54 (80)
Number of properties sold: 156 (182)

Total number of properties currently on the market: 3,251 (3,237)

Slow. Buyers might still be waiting on the sidelines. I think September sales will be off, over 25%, compared to last September. Whether sales will recover in October, is unknown.

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