11/02/2026
📊 Market Watch, Week of Nov 2
Why isn't inventory coming down? Look at the two circled numbers.
723 homes went pending this week, but 763 are on the market or coming soon (688 active + 75 First Look). New homes are arriving just as fast as homes are going under contract, so inventory isn't being reduced.
And here's the real imbalance: listings on the market are outpacing sales. Only 574 sold, while 868 sellers cut their price and another 773 listings left unsold (377 expired + 396 canceled).
Translation: demand is absorbing the new listings, not the standing ones. Until that flips, buyers keep their leverage, and sellers who price to today's market are the ones who close.
Thinking about a move? We'll pull your neighborhood's numbers. 📲 (206) 412-7792 | brodskyteam.com
Data: NWMLS Market Watch, week of Nov 2, 2026.
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