Once again the homes being listed for sale outnumber the homes sold. But not by many. We seem to have found an odd balance point. The “norm” is to have an inventory that is 26 times the weekly sales volume. That translates into a 6 month inventory.
Our current inventory is less than 10 weeks. The odd part is that we seem to be maintaining this level. Another unusual trend is that we are not experiencing the dramatic slow-down common for this time of the year. Last year’s experience was similar.
Above are the numbers for the entire month of November. Only the numbers for this week are hot links. To see the previous week’s listing go to that week’s respective post (below).
For more details on any of these stats just give us a call at 530 315-2808. Email us here.
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