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Home Lates Market condition

Lates Market condition

Here is the latest market updates from Sept. 2008. It appears that we are trending to a better market for sellers, but make no mistake, it is still going to be a while, hopefully 6-9 months.

New Listings Active Listings Sold Listings Months Inventory
Sep/2008 14,247 54,933 6,159 8.92
Aug/2008 13,588 55,174 5,615 9.83
Jul/2008 13,528 55,831 5,898 9.47
Jun/2008 13,558 57,216 5,692 10.05
May/2008 13,062 59,067 5,596 10.56
Apr/2008 13,827 60,140 4,810 12.50
Mar/2008 13,521 59,868 4,256 14.07
Feb/2008 13,068 59,412 3,422 17.36
Jan/2008 16,059 56,924 2,872 19.82
Dec/2007 8,976 58,569 3,342 17.53
Nov/2007 11,670 60,583 3,315 18.28
Oct/2007 14,262 60,506 3,422 17.68
Sep/2007 12,921 59,574 3,377 17.64
Aug/2007 14,844 58,823 4,308 13.65
Jul/2007 13,890 57,565 4,686 12.28
Jun/2007 14,335 57,506 5,401 10.65
May/2007 14,820 56,672 5,772 9.82
Apr/2007 15,269 54,993 5,475 10.04
Mar/2007 16,606 52,328 5,906 8.86
Feb/2007 13,707 50,123 4,884 10.26
Jan/2007 15,944 47,277 4,352 10.86
Dec/2006 8,649 48,129 5,325 9.04
Nov/2006 11,416 50,640 5,323 9.51
Oct/2006 13,822 51,295 5,548 9.25

Information deemed reliable but not guaranteed. Data provided by ARMLS.

Posted Monday Oct 20