Rich is the king of graphs, and here are two from his latest at Piggington:
The median-price-per-square-foot since the 2009 trough:
OK, you can probably ignore the huge spike in the condo psf, as the condo series tends to be all over the map. But how about that (much more reliable) detached home psf — up 4% for the month, and 18% year-over-year.
JtR: Here is the big change – how quickly good listings are getting snapped up, which is keeping the county’s active inventory down to about 4,000 OPTs:
See his TEN other graphs, including the Case-Shiller predictions, here: