The number of new listings of single family homes was down compared to last year (144 vs 164). New listings of condos was virtually identical: 203 vs 202. Compared to the previous two week period new listings of both single family homes and condos were up as you would expect this time of year.
The percentage of new listings that went into contract increased sharply compared to the previous two week period (single family homes: 12% vs 3%; condos: 15% vs 3%). Compared to the same period a year ago they were up modestly (single family homes: 12% vs 10%; condos: 15% vs 13%).
The number of price reductions is down significantly compared to the same period a year ago (single family homes: 16 vs 32; condos: 39 vs 45). Compared to the previous two week period price reductions are down for single family homes (16 vs 21) but up slightly for condos (39 vs 36).