Another typo last week as inventory was 54 not 42,

New listings 22 (29) – this is usually one of the hishest counts each year along with the week after schools let out.

New Pendings of 27 (33) – not as high as expected but neither were new listings. Next two weeks are usually two of the best for sellers most years with relo buyers pounding the streets in hopes of a Summer move.

Thats -5

Closed sales at 19 –

Total houses for sale 54 (59) with median of $2.195M ($1.95M)

Inventory stayed flat this week. Listings felt low this week and while pendings bumped up nicely i would have expected more. As expected, I think this is a bit of a bellweather with sluggish supply and slowing demand. The next month should be solid but after it is setting up to be a bit of stalemate. Will we see a stand off? For now it is looking that way but only time will tell