This posted started with the idea of looking at how this September was comparing to Septembers past.
But extracting that data from the MLS turned out to be as productive and fulfilling as wrestling with a one-eyed alligator. I was, however, able to find statistics that helped looked at how the month of July compared to the month of July in previous years. I had hoped to give you August, but that data has (sadly) not yet been generated, so you’ll just have to wait a few days. And I promise to share the September numbers when I have them (assume that will be early October).
Without further excuse, here is a snapshot of how July 2010 compares with previous Julys:
The numbers confirm what we all have been feeling (buyers, sellers, agents alike) – that although more properties went on the market in July of 2010 than in any of the prior 4 years, fewer properties sold in July of 2010 than in any of the prior 4 years. Ouch.
Part of this could be the tax credit dynamics, and whenÂ I have more time I’m going to go back and pull the June numbers. It will be interesting to see if the end of May deadline pulled a bunch of business into June.
Disclaimers: There are lies, damn lies, and statistics. Your mileage may vary. Data source is San Francisco Multiple Listing Association.