Weekly Market Charts: 11/12/10

Weekly Broker Metrics Activity Charts through November 7th for houses, condos, TICs and 2-4 unit buildings. The red horizontal lines are the averages for the past 6 months.

Listings Accepting Offers: activity remains strong through the first week of November.

New Listings Coming on Market: declining rapidly as we get closer to Thanksgiving.

Listings For Sale (Active): continuing to decline since the peak in mid-September. Currently just a tad above average for the past 6 months.

Percent of Active Listings Accepting Offers (by Week): at highest percentage since the April Tax-Credit Crush – buyer demand remains strong, but inventory is declining as new listing inventory declines.