But now that's out of the way, things begin to pickup right away. During the two week period ending January 16 there were 89 new listings of single family homes and 155 condos compared to 91 and 138 respectively during the same period a year ago.
There was only one price reduction of single family homes and 15 price reductions of condos.
As we've seen during most of 2016, price reductions of condos are outpacing those of a year ago and it looks like that trend will continue into 2017.
Almost 17% of the single family home new listings went into contract during the same period (compared to 11% a year ago) but that's consistent with the pace we were experiencing since roughly the beginning of November. 14% of condos went into contract (compared to 17% last year).
The full report can be found at our web site: www.boldsf.com/Statistics