May was better than April but this May was worse than last May. For the second consecutive month, both median and average prices declined. Inventory declined 1.1 months (11%) between May and April (it increased in 2007 by .1 month (3%)). My prediction for May stating that May might be “surprising” landed with a bit of a thud. I had expected that the numbers would be better (and yes, 8569 NW Ryan is an active listing).
…chirp….chirp…..chirp