- TICs remain priced below comparable condos.
- Among the five categories of single family homes and condos we track, the number of active listings is above levels pre-pandemic
- Both single family homes and condos, on average, are selling for prices above their listing price except for 1 bedroom/1 bath condos which are selling for 99% of their listing price.
- For those expecting a big upsurge in sales following the Fed's mid-September interest reduction, keep in mind that most transactions take 30 days or more from initial contract to closing. If there will be a noticable increase in sales it should be apparent in October's statistics.
