The number of price reductions in the past 30 days (9)[/quote]
3Roots houses don’t count. So, houses with 30+ days on the market are 17. 5 of those 17 are over 100 days and 4 of those 5 have no price reduction. It doesn’t seem like people are rushing to sell. It’ll be interesting to see what the numbers will look like next month when a lot of people pull their house off the market due to the holidays.
What’s more impressive is, even when rates have gone up from 3% to 7%, the median is still up 5% YoY.
