…or so proclaims my venerable data-crunching guy at the REreport. All the data is available and updated monthly under my “Market Trends” tab, organized by MLS District, or city-wide, annual or monthly, single family or condo — it’s all available here.
This chart, from the lead-in page, shows unit sales and median prices for both homes and condos are up from Jan 09, but down year over year.
But not so fast. Much as I’d love to believe we’ve hit bottom, it’s hard to know whether this is anything more than the usual seasonal uptick in sales now that we’re coming out of the winter doldrums. Here’s the chart for single family homes sales. See those incredibly regular troughs right around Jan/Feb each year? I’d say it’s way to early to declare a bottom.
