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
New Listings
New Pendings
Feb 6
101
55
Feb 13
89
55
Feb 20
92
57
Feb 27
66
73
Mar 6
102
66
Mar 13
99
59
Mar 20
93
82
Mar 27
82
60
Apr 3
104
70
Apr 10
96
83
Apr 17
99
69
Apr 24
106
68
May 1
111
88
May 8
96
94
May 15
93
80
May 22
104
60
May 29
112
93
Jun 5
100
71
Jun 12
98
71
Jun 19
81
60
Jun 26
86
48
Jul 3
88
65

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!

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