We still are having a low percent of new listings being SOLD. Currently 6.61% on a year over year comparision. We need positive % in lists sold, with positive price action to confirm market bottom.
Please see data below.
We need positive price action to confirm the market bottom.
Other good signs inaddition to price action, are positive action on % of new listings sold.
Lower DOM (days of the market) and lower new listings.
For more details or just to chat about market conditions please feel free to contact me.