Update time. Not getting better here getting worse. I think this is a watershed week. Not expecting change , hoping for change
New listings 22 – a little uptick in new listings but….
New Pendings of 26 – many buyers for all of them!
Thats a -4 for the week.
Closed sales at 23
Price reductions at 0.
Total houses for sale down to 44 with median of $2.125M
Got a letter from a family from LA that went to my neighborhood two days ago looking for a home. Got a call today from a realtor on my unlisted/DNC list number asking if I wanted to sell my home. Thank goodness for the stock market.
As gzz said, lots of buyers, no sellers
House just came on the market 1/2 mile away. Bought last January for $1.34M. Listed for $1.68M which is 25% above what they paid one year ago. That pretty much says it all
