I use an application called iMapMyRun on my iPhone which ties into the website www.mapmyrun.com to keep track of my activity. Are you active? Give it a try.
Weekly Market Update
As usual, the graphs below, organized by week, outline the activity in the market since the beginning of the year.
Inventory for all of ARMLS stands at 54,114 homes with an average asking price of $411,671. The average sales price over this period was $245,206. The average asking price for properties that sold during the week is actually lower than the sales price.
Homes are selling on average in 101 days. Based on our current inventory and rate of closing, we are looking valleywide at a 9 month inventory on average.