Kentfield Real Estate Update
Dec 4th, 2007 by Ginger Wilcox
The sales stats didn’t look pretty for Kentfield real estate in November. This chart says it all.
(Click on the chart to expand it)
Yes, you are seeing that right. Kentfield MSI= 19 months. This means that if no more homes come on the market, it would take 19 months to sell all homes on the market in Kentfield at the current sales rate. This is an 850% increase as compared to the 2 months supply of inventory in November 2006. Ouch, again.
We have not seen very many new listings coming on the market in Kentfield. The listings on the market are stale. 10 day old bread so to speak. Fresh blood is needed. Bring it on!
The sales stats didn’t look pretty, but the chart does! 19 months… wow! ‘Looks like the bright spot for real estate in Kenlands is real estate agent Ginger Wilcox.
Thanks margaret. Glad you liked the chart, I wish the numbers looked more promising.