Tuesday, May 22, 2018

New Listings -- Following the Usual Seasonal Trends

The number of new listings in the past two weeks is only 2% higher than during the same period last year (355 vs 347) and most of the increase was in condos (210 vs 203) compared to single family homes (145 vs 144).


The percentage of those new listings that went into contract during the same two week period was very close to what it was during the prior period (16.6% vs 15.2% for single family homes and 14.3% vs 14.9% for condos).  Compared to a year ago a higher percentage of single family homes went into contract during the past two weeks compared to a year ago (16.6% vs 11.8%) but, for condos, there was no appreciable difference (14.3% vs 14.8%).


The number of price reductions compared to the prior two week period is about the same for single family homes (19 vs 18) but higher for condos (34 vs 23).  Compared to a year ago the numbers are approximately the same (19 vs 16 for single family homes and 34 vs 39 for condos).

The full report can be found at our website:
http://www.boldsf.com/Statistics%20test/Statistics.html

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