Update time. Inventory jumped and is about the 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 15 – lots of pendings with more inventory to choose form. Highest figure this year. Peak demand time
Thats -5 change
Closed sales at 3
Price reductions at 2.
Current inventory at 17 with median price of $885K. Two things are going on there. Yes prices are rising but we are seeing more of the bigger homes finally starting to hit the market both of which are pulling the median higher.
With the longer weekend Id expect the negotiations to drag out an extra day. Should be a bunch more pendings in the next 24 hours
