Update time. Reporting of numbers finally seems to have gotten reliable. That makes this all even more astounding. Just a note to people watching the market. Other markets may not be this crazy.
New listings 22 thats a big drop which is what we expect to happen as we head into the holiday season but not good news for buyers here.
New Pendings of 48! More than double the new listings and a -26! Easily the biggest inventory loss of the year at -26
Thats astounding in the face of limited inventory and a number we saw exceeded only during Summer peak. The buyers arent slowing down yet which bodes for a strong Spring ahead if it continues.
Closed sales at 37 so those high pending counts we have been seeing are showing up now.
Price reductions only 5. Why bother, someone will buy it
Total houses for sale back down to 92. Only 4 below $1m and Im confident 3 of those are negotiating with multple offers. Median listing price is 1.725M up from 1.65M last week
