Update time. The uptick in listings should have started and along with the next two will give us a good glimpse as to how the Spring season will go. Lets see what we got.
New listings 7 – hoped for more but comparatively not as low as on the coast.
New Pendings of 5 – buyers still out there!
Thats +2
Closed sales at 9
Price reductions at 1.
Current inventory at 10 with median price of $750K. That feels just over median sales price. Im thinking once old timers see current price levels we should see more inventory. That would keep this market more balanced than the coast but no guarantees. This is a very strong/stable market. Looking forward to seeing where it goes.
