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Manhattan Market Trends
| Today | Week % | 3 Mon % | 6 Mon % | |
|---|---|---|---|---|
| Active | 4892 | -3 | 1.3 | -8.8 |
| Pending Sales | 3891 | 1.1 | 49.1 | 51 |
| Off Mkt | 1337 | 1.9 | -9.3 | -18.3 |
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Posted by urbandigs
Sat Oct 30, 2010 11:24 am
Sometimes inventory falls because off-market trends rise, and sometimes inventory falls because demand rises and listings are entering contract.
I think the past 3 weeks or so, inventory is falling a bit because sales pace is rising. This chart clearly shows this.