4622 Homes on Eastern Monmouth MLS
Last week there were 4668 homes. Although the number of homes is off from last week, there was a slight uptick in the past two days according to a long-time reader and contributor to the comments section. Here are Lyndsey's observations:
"There's a bit of a bounce today in inventories after a drop of about 2 percent Jersey Shore wide since September's peaks.
Three of the four regions saw an uptick with only W. Mon drop by just 5 listings (from 2727 to 2722 at about 10 a.m.)
No trend off a single day, but if inventory were to start to rise going into November, that would be a very VERY bad sign for the the housing sector of the economy.
Lindsey"
"There's a bit of a bounce today in inventories after a drop of about 2 percent Jersey Shore wide since September's peaks.
Three of the four regions saw an uptick with only W. Mon drop by just 5 listings (from 2727 to 2722 at about 10 a.m.)
No trend off a single day, but if inventory were to start to rise going into November, that would be a very VERY bad sign for the the housing sector of the economy.
Lindsey"
posted by Little_Silvered at 8:27 PM
3 Comments:
WHAT WAS THE INVENTOTY THIS MONTH
IN 05?
Wednesday, October 19, 2005
Listings Up to 3035 This Week
Last week the number of houses listed for sale on the eastern Monmouth County MLS was 2995. Jersey Shore house buyers now have 40 more properties to choose from this week compared to last week.
OK, inventory is up. What dose that mean in terms of real prices?
I hear ' gut feels' of discount 20% under 2005. What is collective wisdom of what price it takes to get a house sold today?
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