These charts are by week by week through May 16 over the past 6 months.
All units (SFD, Condo, TIC, 2-4) going Under Contract. Unsurprisingly, there was a peak in the last week of April as people rushed to qualify for the Federal Tax Credit.
All Units for Sale: Inventory continues to creep up little by little.
New Listings coming on Market:
Luxury Homes going Under Contract (SFD & Condo, $1.5m and above): this market segment was unaffected by the Federal Tax Credit. Market activity here jumped in the second week of May.
Luxury Homes for Sale: inventory of luxury homes is creeping up as well.