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Inventory Accumulation

By
Real Estate Agent with Realty One Group Legacy 211360

January February March April May June July August September October  
8.6 9.1 9.8 10.2 10.5 10.5 10.2 9.8 9.8 9.2  
24.6 26.4 25.6 22.9 19.3 15.4 10.9 4.3 5.4 -1.1  

If you look at these number there is a relative small significant change from month to month. But if you compare the numbers to last years numbers ( in percentages, you will se an optimistic view of were we are headed towards. October is the first negative accumulation month in three years , and the August and september figures show a significant decline. This numbers are from Trend and for Bucks County, PAsingle homes

The first row indicates Months on market. Bottom row represents difference from previous year

 

John Pusa
Glendale, CA

Hi Jeri & Henri,

Thank you for informative and helpful article.

John Pusa

Nov 17, 2009 04:00 AM