I just updated the stats on the SloWatch.com and there is definitely something going on with our local real estate market that is much different than last year at this time.
Available inventory is WAY down from last year at this time in most every city. For example, last January 1st Atascadero had 289 available residential properties and has just 140 as of today. See the inventory levels here – http://www.slowatch.com/inventory.htm
Days on Market continues on the decline too which is another indicator that things are continuing to get better for home sellers.
More statistics coming…