ROCKLAND COUNTY REAL ESTATE INVENTORY WATCH UPDATED THROUGH DECEMBER 20, 2008
The graph below tracks CONDO (in green) and RESIDENTIAL listings (in blue) which arrived to the Rockland County Real Estate Market between December 21 and December 27, 2008.
Short term TREND IS down:
Stats compiled from the GHVmls.
The numbers in the chart above reflect ALL the new listings for the dates indicated in the chart. This chart is compiled from and includes properties for sale all over Rockland County listed on The Greater Hudson Valley Multiple Listing Service (MLS) from every Broker who is a member of the Greater Hudson Valley Multiple Listing Service. (GHVmls)
THE OLD LAWS OF SUPPLY & DEMAND ALWAYS HOLD TRUE! Keep an Eye on the Inventory . . . When you see inventory beginning to shrink it is an indicator that markets are beginning to stabilize. The sweet spot is 6 months worth of inventory. Too much more and you move towards a buyer's market, too much less, a seller's market.
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It's wonderful to live in Rockland County
It's wonderful to visit Rockland County
It's wonderful to invest in Rockland County Real Estate
Call A Top Rockland Realtor Today!
Angela Fish Chan, Rockland Realtor
Rockland County Real Estate
145 Main Street
Nanuet, New York 1094 ~ (845) 624-3900
Rockland County Real Estate ~ "specializing in Nanuet"
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