Marin Market Update

We’re back to blogging after a hiatus due to technical difficulties, and thought we should look at the stats for Marin. When we last posted there had been an uptick in new listings–more in one month than we’d seen in a couple of years–and we were interested in seeing if that was just a seasonal thing or a sign of a trend that might help the low inventory problem. So far it looks like it was just a good April for new listings, as that did not continue for May and June (the blue line in the chart below).

marin-forsale-sold-pended-newlistings-0613

Months supply of inventory was up just slightly in June to 1.6, which is still incredibly low.

marin-months-of-inventory-0613