MB Market Update for 4/15/10, Overview

By Dave Fratello April 22nd, 2010.

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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