Hello Everyone,
Is this a market in search of a direction? Or is it a post Easter, post Spring Break pause?
SFR's and Condo's percentage in contract figures slipped in every price range. Condo's continue to be a buyers' market at all price points. Of course, individual condo's or complexes may prove to be exceptions, but in general, condo's are a buyers' opportunity across the board.
SFR's slipped a bit at all price points. The over-$2 million range now back in buyers' market territory. SFR market overall still a sellers' market, mostly due to continued strength in the under-$2 million categories.
One week does not a market make. Let's watch for a bit and see what develops. Here are the numbers for the week:
SFR
New Listings 97; Sold;52; Contingent 36; Pending 45; Price reductions 39; Expired 3; Withdrawn or Temp off mkt. 16
CONDO
New Listings 31 Sold;12; Contingent 15; Pending 9; Price reductions 17; Expired 5; Withdrawn or Temp off mkt. 5
more next week-------
(for access to spreadsheets go to http://www.listedbyfred.com)
Best wishes to all,
Fred
Quote for the week: "I don't want to take myself seriously, but I want others to."
Nina Tsao
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