I did a quick inventory check for San Luis Obispo and found that there are currently 231 residential properties on the market. At the beginning of April, it was 203. At the beginning of the year it was 143.
I think part of this steep increase is from some multi-unit complexes (new construction) coming on the market but that doesn’t count for all the increase. I’ll be doing the monthly statistics at the end of this week to see if the inventory has climbed in other cities.