Inventory is increasing! A quick look at the numbers from last week (and the previous couple weeks) shows that we have been listing more homes than we are selling. So far this month we have closed 137 transactions and listed 256 including the Back-on-Market listings.
Sales numbers are down slightly, and less than the new offerings this week. With 65 homes sold, that’s a ratio of about 77%. Price reductions seem to be continuing at a high rate also. And…this week saw 7 price increases!
Here are the stats for you “number folks”. A click on the number in the chart below will get you a list of the homes included in that category.
|Newly Listed||Back on Market||Price Increase||Price Lowered||Under Contract||Closed|
Looking for a list of foreclosed homes? Have another specific need you don’t see here? Just shoot us a quick email and we will get that to you.