March 31: Year-to-Year Sales vs Listings

  As evidenced by the following graphs and stats, the ¬†gap between available inventory and sales has been closing.   Condo Data: 2012 ratio of sales to listings: 74% 2011 ratio of sales to listings: 69% 2010 ratio of sales to listings: 54% 2009 ratio of...

Property Sales Increasing – Up 13% in February

Single family homes sales have increased every month, compared to the same months in the prior year, five out of the last six months. In February 2012, sales of single family homes were up 13% over February 2011. Interestingly, over the last six months, sales of...