Thursday, May 12, 2022

Inventory Stabilize

👉Signs of slower buyer demand continued to be seen in the marketplace with showing volume declining

12.6% from the prior week and volumes have tracked below the year prior for the past four weeks.


>Price changes from time to time, if you are interested to buy or sell please check with your realtor first about the market value


>Inventory levels continued to stabilize with average inventory increased compared to 21 and new listing volumes in line with the week prior. 


>For the second week in a row new pending sales for every 100 new listings came in at 99 for the week. As interest rates continued to rise, new pending sales were down 1.6% from the week prior. 




   

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