I think we can say we are now pretty much a balanced market despite inventory still being under 1 1/2 months.
New listings 9 (7)
New Pendings of 3 (6)
Closed sales at 9 (15)
Inventory at 34 (20) with median of 1.025M (850K)
A relatively slow week but it was last year also. Inventory continues to build and there are now a handful on the market in the 800’s. Inventory will keep building the next few weeks. If you’re a buyer keep watching this thread to follow direction of the market and think in terms of being ready come mid/late October pending conditions following the current trend.
