88 active listings
18 pending sales
1 closed sale this month
What does this mean? There's been a big jump in inventory this month. Active listings are up by 16 but pending sales are also up by 7. The ratio of pending to active is not bad, at about 1 to 4.5 now, when the ratio at the beginning of the month was about 1 to 6 pending to active. If the ratios hold we shouldn't see too much change in prices but if inventory continues to increase without a similar increase in pendings we'll see more softening in the market.
If you're interested in finding the final selling price of any home, anywhere, you can do it on my website. Click here to get to my site. Once there, click on Cyberhome Home Valuation. You can then type in any address next to the search icon to get the county records.
If you need anything else, please feel free to contact me. I'm here to help.
Marcy Moyer Intero Real Estate
marcy@marcymoyer.com
650-619-9285
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