MB Market Update for 4/15/10, Overview

Posted by Dave Fratello on Thursday, April 22nd, 2010 at 3:58am.

The new MB Market Update spreadsheets are up online for your viewing and use by clicking here, or at any time by using the pull-down menu on the front page under "MB Market Updates."

The pace of sales tamped down a bit in the first half of this month, with 7 new escrows hitting MBC's radar. For comparison, in the whole month of March, we saw 24 sales (new escrows) – a figure that's 2 more than we previously reported.

Inventory was coming on at about the same pace as March, however, with 14 new listings in the first part of April – March saw 27 for the whole month.

More new listings, fewer sales... that's just a 2-week window, though, so let's wait till April wraps to talk about trends.

Total inventory moved up by 4 listings over the end of March to 85 SFRs total at mid-month. Still fairly tight overall.

Inventory by sub-region west of Hwy. 1 (for more see the tracking page of the spreadsheets) broke out this way:
 We'll flow into some brief section-by-section updates shortly.
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