Believe it or not, I’m a little behind in getting together the March sales data and analysis because I’ve been BUSY. Yes, a four letter word I was worried I wouldn’t utter this year. BUSY. I’ve had a full appointment schedule for the last two weekends, the first time that’s happened since last fall. Weather certainly plays a part — spring has sprung in the city (although its still a couple of weeks away up here.) Buyers also seem more serious, although of course cautious about value. I’ve written 2 purchase offers in the last week, one accepted and one in negotiation. That comes after 6 or 7 weeks of nada, nothing, bupkus.
I’ve taken a peek at the March sales data, and the picture isn’t pretty. In March, it looks like there were only 21 closed sales in the Sullivan MLS, down from 63 in March 2007. That’s not surprising, given that the phone just wasn’t ringing in December and January. The next couple of months are going to be an interesting litmus test.
I should have the full data picture out in a few days.