MRED Blog

REinventing MLS

MRED marketplace sees week-over-week declines

1 Comment Posted by on August 23, 2022

Nearly all metrics in the Weekly Market Snapshot saw weekly declines. Listings under contract showed the largest dip with a 7% week-over-week drop. The 3,185 contracts last week was the lowest since early July and second-lowest since February.

See the Weekly Market Snapshot.

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One response to “MRED marketplace sees week-over-week declines”

  1. Alice Green August 23, 2022 at 12:15 pm

    Well our inventory isn’t really increasing, so doesn’t that play a role?

    Reply

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