Wednesday, October 26, 2005

Northern NJ Weekly Inventory Update

All quiet on the Northern front. Increases in the active listings have slowed a bit from last months off-the-charts pace, but are still on the upswing. I haven't gotten a chance to plow through the data to determine the exact reasoning behind it (new listings slowing, sales increasing, or a mix of both). Starting next Wednesday I'll be including changes in the Hudson County MLS listings as well (Listings are in at 1675 today).

GSMLS

(last week)
10/19 - 12854
10/26 - 12858 (Flat)

(last month)
9/26 - 12399
10/26 - 12858 (3.7% Increase)

NJMLS

(last week)
10/19 - 5738
10/26 - 5791 (0.9% Increase)

(last month)
9/26 - 5378
10/26 - 5791 (7.7% Increase)

Caveat Emptor,
Grim

5 Comments:

Anonymous Anonymous said...

Is this normally the time of year when new listings coming on to the market stagnate ?

10/26/2005 12:52:00 PM  
Blogger grim said...

Short answer, yes.

grim

10/26/2005 02:08:00 PM  
Anonymous Anonymous said...

Saw 2 houses pulled. Probably come back in spring. Unfortunately things will be much worse by then.
Oh well..hogs get slaughtered.

10/26/2005 05:56:00 PM  
Blogger AxxNox said...

Inventory is up in Central Jersey as well. 2006 will be interesting!

http://www.metrofuser.com/

10/27/2005 07:05:00 AM  
Anonymous Anonymous said...

I have been following a site now for almost 2 years and I have found it to be both reliable and profitable. They post daily and their stock trades have been beating
the indexes easily.

Take a look at Wallstreetwinnersonline.com

RickJ

4/18/2006 11:01:00 PM  

Post a Comment

<< Home