97 properties closed escrow in the North County in the month of May which was a 1 % increase in closings from the month before in April. It was a 13% decrease from the same month a year ago in 09. There is less then a 1% decrease in the 1st 5 months of this year against the 1st 5 months of 2009 which means it is virtually the same amount of activity. Pending Sales (properties in escrow) were down 3% in the month of May against the month before in April.
Summing this all up
just again indicates that the market here bottomed out last year and it is the same this year as then as indicated by no real increase or decrease in activity this year from last so far. Have a good one and thanks for reading and following my report....Tim
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