The reason for breaking down the active and pending listings by zip code is to give the readers a closer look at their neighborhood stats. Historically, we’ve figured that a 2:1 ratio was a sign of a healthy market.
By now we are drifting into the holiday season, so there should be some natural dropoff this time of year anyway. But even with rates in the mid-7s today, the active and pending listings still look pretty good!
Four green areas have more pendings now than last month, and the yellows have significantly fewer:
NSDCC Actives and Pendings
All we need to do is make it to February!
