Saturday, July 29, 2006

Sacramento Region Home Listings Inventory: July 28, 2006

Inventory continued to increase over the four-county Sacramento region this week, hitting another all-time record high of 18,716:

At the same time, pending inventory in Sacramento County hit a four-month low of 791, or a mere 6.3 percent of market:

The market slowdown continues as inventory levels are hitting records.


Anonymous said...

Max, We are all waiting to see if your inventory tracking indicates continued rising into the late summer. This trend has to top out somewhere. What are the stats telling you for Aug. 6?

Max said...

Sorry, John. I'm out of town on a slow 28.8kbps connection, but I plan on a post tomorrow. Here's a preview: 6.8% pending for Sac County, steady inventory from last week at 18,662. This is due to the automatic listing expirations at the end of the month. Looks like we'll have to wait 'till 8-12 for a chance at 19,000...