MB Market Update for 5/31/10, OverviewPosted on Tuesday, June 8th, 2010 at 2:33pm.
MBC recorded 26 new listings and 26 sales (new escrows), making May the hottest month recently – March had 24 sales and April had 19, by our count. A few of those May sales were, once again, on listings that had just hit the market. What a Spring it's been.
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."
Total inventory was down by 5 listings from the end of April, at 79 SFRs west of Sepulveda – same as in mid-May.
For what it's worth, June has begun with a little rush of new inventory and not quite as many sales, but let's see how that pans out by mid-month.
The spreadsheets and writeup here cover the 2-week period from May 15-May 31.
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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