MM is holding up well. In general listings and supply are not increasing much but demand is slowing. Its more pronounced elsewhere than here at least for now
New listings 2 (6) – the lack of supply should keep this market stronger than some others
New Pendings of 8 (12) – demand is falling but just not much supply
Closed sales at 5 (14) –
Inventory at 14 with median of 1.057M. Last year it was 9 with median of 859K.
As I thought market is chugging along and will continue to do unless new listings spike up dramatically. We didnt get double digit pendings but inventory is down a good amount week over week because we only got 2 new listings. Market here feels like it is settling into more balance. This is what a soft landing could look like
