Actives/Pendings

We’ve compared active listings to pendings, and have seen how a 2:1 ratio is where a market seems healthy and balanced. Here are the active vs. contingent/pending listings of detached-homes:

The lower-end is cooking, and sellers are enjoying parades of shoppers during the first week of being on the market. Is it healthy and balanced to have more pendings than actives? Sellers think so!

Jim the Realtor

Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!

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