Time to update everyone’s

[sdrealtor]

Time to update everyone’s favorite bellweather:

9/13 to 9/19

new listings – 15
back on market – 2

Total growth in inventory – 17

pendings – 9

expired – 5
withdrawn – 3
cancelled – 1

Total decrease in inventory – 18

Net change in inventory – minus 1

Months Inventory is a bit tricky because of seasonality. Acknowledging the flaws he’s a first stab at. I’ll divide current inventory by the average monthly closed sales for the past 12 months. Its 4.17 by this measure. If you divide by last months sales it’s 4.28.