New Listing Watch - after up comes down

New listings for the two week period ending March 25 were down slightly from the prior two week period (283 vs 289) and down significantly from the same period a year ago (283 vs 334).

Compared to last year both single family homes new listings and condo new listings were down almost 20%.

Of those new listings both condos and single family homes saw 16% go into contract during the same two week period.

Price reductions were down from the prior two week period (27 vs 34) and down compared to a year ago (27 vs 36).

The full report can be found at our web site.