Inventory continues to climb. With 61 active listings, we are at almost double the total amount we had this time last year. Despite the surge in supply, homes are still selling quickly, over asking, and at high price/SF - an indicator that so far the demand has been sufficient to keep the market going strong. We'll keep an eye on these numbers in the coming weeks. If inventory stays on this upward path, I would expect to start seeing homes sit on the market a bit longer, and prices to cool off a bit.
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