Saturday, March 31, 2007
Record LA County Inventory
In the last month Los Angeles County inventory jumped from 41,251 (2/28/07) to 43,761 (03/20) to a record 50,730 (03/31) in OC Renter's stats from Zip Realty (also below)! This surpasses the record high last fall of 47,369 (09/30/06). Other counties haven't passed last fall's peak yet. Very interesting .... We haven't seen it yet on the Westside, but last week rose in Santa Monica and Mar Vista (below).
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3 comments:
I've been tracking the LA inventory nearly daily and it rose 3,259 in one day! (See my blog entry http://offbe.at/forums/thread/619.aspx)
What could have caused this? Is it just an end of quarter thing?
This is weird. Inventory is back to end of Feb levels!
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