After updating my investment market statistics for last week the most interesting thing is that the number of listings does indeed appear to be picking up as spring arrives. The number of shells listed has grown for the past three weeks and the number of 5+ unit multifamily listings has topped 100 for the first time in the seven weeks that I've been keeping these stats. 2-4 unit listings actually declined a bit thanks to strong sales - 67 2-4 unit properties sold in the last 30 days, bringing inventory down to an even twelve months. Final sale pricing came down this week across the categories as well, showing no signs of a decline in the buyer's market.
If you'd like to review the full set of weekly statistics just send me an email at jyoakum@brownmckinney.com.
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