New Listing Report - fewer new listings and fewer price reductions

For the two weeks ending 6/5/18 the total number of new listings was less than the previous two weeks (301 vs 355) but slightly more than the same time last year (301 vs 287).  This is fairly typical for this time of year.

The drop in new listings compared to the previous period was in both single family homes (114 vs 145) and condos (187 vs 210). 

The percentage of new listings that went into contract within the same two week period dropped by almost 2% for single family homes but increased slightly for condos compared to the previous period.  But those percentages were higher than a year ago.

The number of price reductions is also down for both single family homes and condos compared to the prior period and compared to a year ago.

The full report can be found at our website:  www.boldsf.com/Statistics