Real estate: have listings peaked?

For the first time since October, the number of properties on the Multiple Listing Service  decreased, week to week.  The MLS is showing 86 residences, compared to 89 last week.  One new house came on the market, also a rental villa, known as Temptress.  The Chocolate Hole property has 2BRs/2Bas plus pool and is priced at $1.895 million.

Not the same story for condos or land.  One new condominium came on the market, bringing the total to 26. The number of undeveloped lots rose to 214, up 4.  There was no change in commercial properties, 15.

2 thoughts on “Real estate: have listings peaked?”

  1. Listings got as high as 91, a week ago. That was a new record, I’m sure. This time of year, you’d not be surprised to see half that.
    Land offerings also rising, and a lot of new condos are soon to come on the market, to judge from construction on island.

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