We recorded 609 residential listings on August 21st in the local MLS, of which 313 were in Douglas County.  The peak last year was 658 resy’s which just so happened to be on August 21st as well.   Typically, the most inventory available to a Buyer will be available in July and August in this market.   That being said the peak inventories are showing signs of subsiding.  That would be most encouraging for the market.  I think that the 609 number at this time period will be the peak for the year, unless something drastic was to happen.  With that being said, we are down about 7.5% in inventory at peak time for the year compared with last year.

Statistical information from the Greater Alexandria Area Association of Realtors Multiple Listing Service.