Weekly Inventory Update

Posted on October 19, 2005 by grim

It’s Wednesday again. Here are the inventory updates for this week. I’ve also added a new statistic, the change over the last ‘month’ to illustrate any trends.

GSMLS
Bergen, Essex, Hudson, Morris, Passaic, Somerset, Sussex, Union, Warren
10/12 – 12646
10/19 – 12854
1.6% Weekly Increase

9/19 – 12089
10/19 -12854
6.3% Monthly Increase

NJMLS
Bergen, Essex, Hudson, Passaic
10/12 – 5675
10/19 – 5738
1.1% Weekly Increase

9/19 – 5239
10/19 – 5738
9.5% Monthly Increase

-Grim

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8 Responses to Weekly Inventory Update

  1. Anonymous says:
    October 19, 2005 at 1:13 pm

    Keep posting the facts. Lets see how the realtors and builders spin the spike up in inventory. Lets see how much demand there really is for these spec sellers.
    Manipulation at its best.

  3. grim says:
    October 19, 2005 at 8:00 pm

    To the readers that might look at these weekly increases and shrug them off as minor changes, a 1.5% increase per week over an entire year is well over a 100% annual increase.

    -grim

  4. Anonymous says:
    October 25, 2005 at 7:54 pm

    how are you gathering data?
    i have been tracking GSMLS for 3 years now and the past month they stopped posting new inventory #’s

    btw it rose very rapidly since labor day

  5. Anonymous says:
    October 25, 2005 at 7:56 pm

    i also noticed a home in long hill was reduced from 419k a month ago to 375k yesterday

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