Written by VIBE Owner/Broker Steve Anderson
This month's theme: Broken Records
Last month we left off talking about the importance of the spring market this year, and how it will set the tone for the selling season. Well here we are, smack in the middle of the spring 2021 market, and what are the numbers saying? Let's take a look!
We're going to start with some of the less drastic changes that we saw over April. Months Supply of Inventory, which is basically real estate's slug percentage, stayed below one month for the fifth month in a row, but did tick up to .9 this time. New Listings to hit the market also went up by a decent margin to just over 7,100, but that was sort of to be expected given the time of year. Still not enough to put a dent…