The new-listing totals for the early spring season have been virtually identical over the last five years.
But the mix has changed dramatically – in 2012, 60% of the listings were under $1,000,000, and this year it’s only 35%:
NSDCC New Listings between Feb. 1st – Mar 15th
If this was going to be the year that the inventory cut loose, we would have been seeing more signs of it by now. For a variety of reasons, people would rather stay put, than cash in!