This month’s momentum meter shows a dramatic swing from a balanced market to a buyer’s market. While one month does not constitute a trend, it will be interesting to see next months stats as the previous 3 months have been moving in the same direction. Sales were way down from 67 units in August to 49 units in September while inventory rose from 297 to 311. Increased interest rates, market uncertainty, inflation, and the change from Summer vacation to Fall and school where major factors in the month of September.

