Covid 19 - Market update (Week of March 30th)
Over the last few weeks I have received questions from friends, family, and clients about the market.
Recently Bright MLS started to provide stats to include; daily on-market inventory, daily number of listings being removed from the market, daily number of listings being added to the market and, daily showing activity.
I thought I would share the information below along with their reports, because who doesn't like a good graph! (Please keep in mind these numbers are for the whole state of VA)
Stay healthy and safe everyone. CLICK HERE FOR COMPLETE REPORT
(Info provided from BrightMLS.com)
Week of March 30th-April 2
Daily Number of New Active Listings Being Added to the Market for VA
Daily Number of Listings Being Removed from the Market for VA
Daily Number of New Pending Listings Being Added to the Market for VA
Daily Number of New Active Under Contract Listings Being Added to the Market for VA
Daily Number of New Closed Listings for VA
*Normally this would be a positive development, but this movement is inflated by month-end closings already on the books.