
It's hard to believe but the July Housing Supply Outlook indicates that in the $120,000 and under market the months of inventory supply is now at 3.6 monhts.
The 1,719 new listings for the week ending June 27 is 18.9 percent less than a year ago. The 26,043 total listings available is 21.3 percent less than last year. However, the 1,121 pending sales for this week excels last year by a giant 31 percent.
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