Update time for week ended yesterday. If we are gonna see any inventory build it should start soon
New listings 11 – highest number this year and as expected. Bring on more inventory as we are a month away from school year ending
New Pendings of 4 – lowest number this year and as expected. there was nothing to buy last week
Thats +7 change
Closed sales at 4
Price reductions at 1.
Current inventory at 11 with median price of $800K. thats more than we have had in a long time. Not only more but nicer and bigger than we have seen in a while. Now will the market absorb it or will more pile on?
