Monday, August 15, 2016

New Listing Market Watch -- right on track (almost)

We could almost repost the same information we showed a year ago since  the number of sales and the percentage going into contract for the last two weeks is almost identical to a year ago.


During the last two weeks 90 single family homes came on the market compared to 102 last year in the same period.  4 homes went into contract compared to 2 last year.  129 condos came on the market during the last two weeks compared to 114 a year ago.  6 condos went into contract compared to 9 a year ago.



Price reductions for single family homes is also in line with last year:  22 during the last two weeks compared to 20 a year ago.  The only number not consistent with a year ago is the 33 condos posting price reductions during the last two weeks compared to only 13 last year.




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