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Time to update everyone’s favorite bellweather;)
(FYI, the date’s on the last report should have read 6/7 to 6/13)
6/14 to 6/20
new listings – 14 back on market – 7
Total growth in inventory – 21
pendings – 13 expired – 3 withdrawn – 3 cancelled – 3
Total decrease in inventory – 22
Net change in inventory – minus 1
Random thoughts
Inventory still trending down.
Most of new listings and pending under $1M which will eventually pull the median down due to the mix of more lower priced homes.
5 out of the 7 homes that came Back on Market fell out of escrow which is much higher than we have been seeing. All were over $1M.
CV is still going fairly strong.