(the title should have been ‘Jan-plus Sales Roundup)
Let’s keep the stats coming; here the updated Y-O-Y comparisons for the period Jan. 1 thru Feb. 18 (and 2010 will have some additional late-reporters):
|Town or Area||2009 SOLDS||2010 SOLDS||2009 $/sf||2010 $/sf|
The inventory has been lower during the latest counts, yet the sales are improved in all but La Jolla, which was only off by two. In my opinion, this is a strong indicator of a healthy market, and why I think that if there were more inventory, the sales would be even better/stronger.