How Many Listings This Week?

Posted by Dave Fratello on Monday, April 13th, 2009 at 5:52am.

It was striking how slow Easter Week was in terms of most local RE activity.

MBC noted 6 sales (new escrows) in the first part of April in "Lovely Vistas." That total was pretty decent.

But few lisitngs adjusted prices, open houses were limited, and, by our count here, just 1 new SFR listing west of Sepulveda debuted last week (Monday-Sunday), and it was actually a retread.

468 33rd (pictured) has been on and off the market for the better part of 2 years. (It's been months since we last saw it – near $3.4m back then – while it's down now to $2.890m.)

Consider that March 2009 saw 32 new listings, leaving MB (WOS) at 155 SFRs on offer. (See our MB Market Update for 3/31/09.)

You can't tell us that the whole month April is on pace for 4-10 new listings.

As a parlor game of sorts, we'll ask you to guess how many new SFR listings will enter the market this week (Monday-Sunday). Please vote in the poll in the left-side column.

Poll closes quickly, Weds. morning at 11am, to minimize influence on votes from data.

We'll use Redfin's MB page as our guide, watching for how many truly new listings hit the market in the period of 12:01am on Mon., Apr. 12, to Sunday, Apr. 18, at midnight.

How much was supply artificially held back during Easter Week?

Are we headed for the 190 SFRs by the end of April, which MBC contemplated as possible way back in January?

Or have potential sellers gotten the message that this is a rough time to try, and are staying out as a result?
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