MB Market Update for 4/15/10, OverviewPosted on Thursday, April 22nd, 2010 at 3:58am.
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:
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