Tuesday, March 15, 2016

New Listing Market Watch

Inventory remains consistent (for the most part) compared to the same two week period last year - 277 this year vs 289 last year.

However, there's a marked reduction in the number of new listings going into contract within two weeks.  During the previous two weeks only four single family homes and four condos went into contract,  During the same period last year 23 single family homes and 33 condos went into contract.

Does this indicate a slowdown?  Stay tuned ...

No comments:

Post a Comment