Last month, in July 2010, 75 new detached listings (up to vel $1.2M k?za in price) came wholesale NFL jerseys on the market; that is a 70% increase over July 2009’s new listings for this type of home. And, it is the most new listings added in the last 25 months. What’s going on? Is this the beginning of an emerging buyer’s market (more inventory Carmel = lower wholesale MLB jerseys prices)? I don’t think so. Check out the chart below which tracks new listings for detached homes on in 92130 (up to $1.2M) for the last 25 months.
It may be part of the seasonal adjustment that happens every spring-summer, although this is a very big jump in new listings. Even after the increase of these new homes for sale, there is now 5.5 months worth of inventory for this part of the market. That means that if buyers continued buying at their current pace, it would take 5.5 months for all such homes to be absorbed and go off the market. This is still a healthy market: anywhere between 3-6 months of inventory is considered a “balanced market”. 0-3 months is a sellers’ market and usually more than cheap mlb jerseys 6 months indicates a buyers’ market.
So, we’ll have to keep an eye on the inventory level wholesale jerseys for detached homes in Carmel Valley (up to $1.2M) and see if a trend is developing or if it was a one-time event.
What do you think is happening in the market right now?