New listings 7 (9) –
New Pendings of 10 (6)
Thats -3
Closed sales at 3 (6)
Total houses for sale 9 (9) with median of $975K ($1M). There were 10 on the market 2 years ago with a 782K median
I said this week would be a good test of demand with some good inventory available around $1M. Demand answered affirmatively! Double digit pendings for first time since last Summer. This market is doing just fine here. Inventory is back to last Spring level and looks like its going nowhere. Last Summer it reached 4X what it is now and I dont see that happening again this Summer
