Just how slow is it out there? Well last week I saw 12 SFH sales in the core areas under $550k and 17 from there to $900k. So far this week I'm at 3 and 5 respectively. Some more will come of course.
From the depths of page 2 in the comments come similar reports:
I've got one sale on my main PCS in the last four days - SFH <575 core areas + Brentwood. Are others seeing the same in their PCS accounts, or are there higher end sales happening? - Animal Spirit
We might have close to 125 house sales in the core districts this month, compared to 163 for the same month in 2008. There are about 835 active house listings now. The Western Communities had 77 home sales in September 2008 and should have around 55 this month with an inventory of 635 listings. The Gulf Island have some 410 listings and are on track to have 25 sales this month. - Just JackMade a lowball offer on a place but after a bit of back and forth we were still miles apart. We're offering 2013 prices and they're still in 2008. Near as makes no difference to 5000 listings out there but there really isn't much that's interesting. The stale listings are showing up as rentals instead on craigslist. Wonder how that vacancy rate is going to look?