Number of condos on market drops under 200
August 24, 2010 at 8:34 am Leave a comment
For the first time in several months, the number of condos for sale in Santa Monica dropped under 200. On my weekly market check on Monday 8/23, the number of condos for sale was 195. For several weeks, the number had peaked in the 221-223 range before slowly receding. Whether this is a temporary lull or a trend towards lower inventory only time will tell. Lower inventory, if it comes, should lead to firming prices.
Entry filed under: Market Conditions, Santa Monica real estate, Santa Monica realtor.
Trackback this post | Subscribe to the comments via RSS Feed