In March homes went under contract at a faster pace than new listings. The market has supported an increase in list and median sold prices of about 5% from last year. Pending sales, which is an indicator of available inventory 2 months out, reflects only a 2.8 month supply. If the supply of homes for sale remains constrained, in the face [...]
Venice: Home Sales as of March 31, 2014 – A Neutral Market Leading the Way to 5% – 7% Price Appreciation
- By Robert Goldman
- Posted

