Central Coast MLS Statistics - Residential -June 2007

New Listings - 812
Back on Market - 251
Price Changes - 1165
Contingent - 59
Pendings - 458
Solds - 451
Expireds - 269
Inactives/Withdrawns - 340

As I've been reporting throughout the month of June, it wasn't a good month for Home Sellers as the number of Pending Sales dropped below 500. The good news is that New Listings also dropped below May's number, so growth in Inventory wasn't as bad as it could have been.

In June, inventory grew in almost all cities on the Central Coast. The exceptions were Grover Beach which reduced from 102 to 92 units and San Luis Obispo which dropped one unit from 192 to 191. Inventory levels really jumped in a few cities. Pismo Beach went from 117 to 130 units. Morro Bay from 90 to 107 and Oceano from 58 to 66.

Read the www.SloWatch.com page to see the updated graphs and current city Inventory chart.