I am prepping for my monthly Market report with the October preliminary data and the September final data… and something is definitely wrong.

Look for a full report Monday evening, but I wanted to toss something out there before the report is complete.

The final numbers for September came in pretty good…  Sales were actually up in Gwinnett County over the previuos year.  Days on Market were down. Inventory was up a bit, as September’s new listings were higher than I expected.  The average price was down significantly… which is why I think sales were up so sharply.

Normally as we close out summer vacation, sales drop dramatically… and last year in September we saw a LOT of effects from the Sub-Prime Mortgage Meltdown, so we will need to see a couple more months of reports before we start yelling recovery…

But, there is another thing that I should mention.  I have been seeing more listing website traffic lately.  I keep track of the number of site hits and I am seeing the hits rise for property websites.  Again, this is normally a time where activity is contracting.

hhmmm

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