We did not get the landslide of new listing this week and I had expected we would. We saw 7 more houses come on the market this week compared to last week, and 9 fewer condos. The total number of houses and condos available for sale has climbed again this week.
Other interesting thing to note is that we have 969 condos for sale. The last time we had this many condos for sale was 2011. Oye! We still don’t see as many condos in the 90+ days on market as we did last year, so at least over inventory is turning over in a reasonable amount of time. We may still have a few more weeks of increasing number of total properties for sale before the seasonal slowing starts.