The Week in Review

There were 22 new listings in the Zip Code this past week, of which five were in the Meadows, and several of them were covered in my Thursday on-line Blog. (One covered with photos.)

 

There were “only” 13 homes that went into Pending in the Zip Code, and only one of them was in the Meadows. That one was on Laurel Path, and went into Pending at $490,000.

 

I say “only” because we have had a good run where the homes going into escrow equaled or even exceeded the new homes that came on the market. I hope that this week where new listings exceed Pendings is just an anomaly.

 

I suspect that is the case, and was made possible by an exceptionally large number of Meadows homes coming on the market in a single week.  Five new listings in a week in the meadows is exceptional.

 

There were 31 homes that closed escrow this past week in the Zip Code and that is TERRIFIC, but there is no way to use that number for analysis because they may have gone into Pending at anytime over the past 90 days, and just accumulated in one week. Still, that number is amazing.

 

Only two Meadows homes were in that closed number, and those closed at $532,000 and $549,000 – good numbers and well above the usual “investor sales.”

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