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Time to update everyone’s favorite bellweather;)
5/31 to 6/6
new listings – 25 back on market – NONE
Total growth in inventory – 25
pendings – 15 expired – 6 withdrawn – 3 cancelled – 2
Total decrease in inventory – 26
Net change in inventory – minus 1
Random thoughts New listings increased sharply as expected for the season.
Nothing fell out of escrow which is surprising.
9 new pendings above $1M.
3 new listings under 700k
4 tract home McMansions closed between $1.4M and 1.6M this week
50% of new listings between $1M and $1.5M (McMansions for everyone!!)
