Voted Best Real Estate Company in SLO County in the 2017 New Times Reader Poll
No Comments

I’m wanting to alert you all to inventory changes throughout the month so you get an idea of what is happening in between my monthly statistics update. So, what I did was calculate the ratio between New Listings and Pending Listings and graphed it below the Inventory table on the www.SloWatch.com page.

What I plan to do is blog the New/Pending Listing Ratio throughout a month.

For example, for the first seven days of June the ratio is 2.03. As you’ll see on the graph, over 2 is not good for home sellers. We only had a few months last year that the ratio was over 2 and it was during the summer months when inventory was growing rapidly.

Written by Keith Byrd - Go to Keith's Website/Profile