Introducing a new website – www.SloWatch.com Keeping an Eye on the SLO Real Estate Market
I put together a website that will track what is happening in our local real estate market. I’ve taken the monthly MLS statistics that I’ve posted to this blog for the past two years and prepared some graphical analysis of the data. I will also be tracking home inventory in particular cities on a weekly basis to track what is happening in particular cities at particular price ranges.
What you’ll see by the data thus far is:
– inventory is increasing, pending sales are not keeping up with new listings
– of the homes that are selling, they are still selling close to List price