Pending 19 (21) – pending sales a little better than last week
Thats -2
Closed 14 (19) –
Total houses on the market 65 (71) with a median of 2.175M (2.145M). Two years ago there were 57 on the market with a median around $2M.
Last year listings were very light due to rates soaring and shocking folks. That caused inventory to drop a lot last year. I expect a bigger inventory gap between last year and this year to return if not grow in the weeks ahead
We are also heading into what is typically a bit of an annual slow down as buyers shift to graduation/vacation mode. Lets see if that happens this year?
