New listings 12 (29) – a devastating drop this year over year though last years count was a bit of an outlier
New Pendings of 19 (19) – chugging along
Thats -7
Closed sales at 10 (24)
Total houses for sale 41 (51) with median of $2.545M ($2.35M). Two years ago there were 61 on the market with a median around $2.15M.
Not only did inventory drop below last years figure it is way below last year. Last Summer inventory peaked at more than 3X this level at 131. This year I don’t see us hitting 100
Not to beat a dead horse but these are not conditions that portend a crash
