Housing Inventory: it’s déjà vu all over again

Well shock horror: the market remains short of inventory at the lower end and has an abundance at the higher end. Same old story.

What is perhaps surprising is how little change there has been in the last seven months. In general the tightest markets at the beginning of the summer remain the tightest today.

Here are the tables for several North Shore cities and towns. First SFHs:

Source: MLS, Oliver Reports

Source: MLS, Oliver Reports



 

and then condos:

Source: MLS, Oliver Reports

Source: MLS, Oliver Reports

 

Here are the numbers over the last several months. SFHs:

Source: MLS, Oliver Reports

Source: MLS, Oliver Reports

 

And condos:

Source: MLS, Oliver Reports

Source: MLS, Oliver Reports

 

If you are considering buying or selling a home and have questions about the market and/or current home prices, feel free to contact me on 781.631.1223 or andrew@HarborsideRealty.com.

Andrew Oliver is a Realtor with Harborside Realty in Marblehead.