Inventory Watch
New inventory is dropping off – for the first time on this chart we’ve had fewer than 90 new listings three weeks in a row:
Week | ||
Feb 6 | ||
Feb 13 | ||
Feb 20 | ||
Feb 27 | ||
Mar 6 | ||
Mar 13 | ||
Mar 20 | ||
Mar 27 | ||
Apr 3 | ||
Apr 10 | ||
Apr 17 | ||
Apr 24 | ||
May 1 | ||
May 8 | ||
May 15 | ||
May 22 | ||
May 29 | ||
Jun 5 | ||
Jun 12 | ||
Jun 19 | ||
Jun 26 | ||
Jul 3 |
Last year, we averaged 91 new listings and 64 new pendings per week between 4th of July and Labor Day. If we can stay around 80-90 new listings, and 50-60 new pendings per week this year, we’ll ride out the summer in fine fashion!