Real estate recovery slow as sellers lower expectations

The condominium market in both towns has been more volatile, both in terms of the average asking and selling price and the average number days on the market. In Acton, the average asking price for a condo has stayed fairly constant around $300,000, but the average selling price has varied widely, at times exceeding the average asking price. Condos were on the market for an average of 127 days in Acton, down from 270 in March. In Boxborough, the average asking price for a condo has risen to $191,000, up from $170,000 in March, and $58,000 above the average selling price. The average number of days on the market for a condo in Boxborough peaked at 227 in April and is now 118.