Well, at least listings are up from last week but so are pendings and especially sales. So last week I reported 49 new residential listings but 64 sold which means we had a net decrease of listings of 15. This week we have 60 new listings but 83 sold which is a net decrease of 23! The moral of the story is that this is still a hot market and sellers should not be wary of listing their home in this fall market. Good news for buyers is that interest rates are still low so you have more buying power!
Median prices are up for residential but down slightly for condos this past week compared to the week before.
Heather Stevenson BROKER