As expected, the volume of new listings and new contracts were about even last week as inventory of Active listed single family homes, condos, and TICs remained relatively unchanged. At the same time, the number of listings that have been reduced at least once increased about 50 units or 17% (now 23% of Active listings). And no, we’re not counting that house on Pine that was reduced $1.00 (0.00005%) after almost three months on the market. (Oh, the games people play.)
SocketSite’s San Francisco Inventory Update: 10/02/06 [SocketSite]

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