Resale numbers for the past week are in. There is nothing spectacular to report, other than the numbers are showing some resiliency at slightly better levels than had been prevailing as of late.
11/19/07 Pending Sales: 4199 (+0 Change from last week)
11/19/07 Pending + AWC 4696 (+8 from last week)
11/12-11/18: Closed Escrows 795 (+288 from last week)
11/19 Active 57767 (+192 from last week)
The number of sales is interesting; this is a middle week of the month, but the number of sales is actually pretty strong compared to normal. The other interesting thing is that the number of AWC contracts is 496; it is about 10% higher than what I normally see. The total number of escrows is equivalent to normal, but as I have said, if November sales equals October sales, I will be fairly enthused. Right now, we are on a good track, but this week's sales are likely to slow down due to a holiday week. As of now, we are tracking fairly close to October sales. The number of actives continues to oscillate in the 57K's, a number I would like to see start falling. Even with increasing sales, the number of homes going on the market is not falling.
No comments:
Post a Comment