Update time. Inventory jumped and is highest this year as it should be but still very notable
New listings 10 – one of highest counts this year as it should be
New Pendings of 5 – first sign of a slow down with more inventory available
Thats +5 change
Closed sales at 9
Price reductions at 1.
Current inventory at 17 with median price of $860K. Up until the beginning of May median was under 800K. Last 3 weeks its been in the mid 800’s. Prices now start in mid 700’s which was where the median was when the year started. We need a breather here. Could be the first signs of market saying enough is enough with price jumps here. Something to follow.
Will run NCC after I get back from appointment but not expecting to see this kind of relief there where it rages on. Will know soon enough
