November 2009 Housing Inventory down Nationwide & Jacksonville Florida

Real Estate News

Zip Realty reports number of Home Listings Declines More than 2% and 17 consective months of declining housing inventory nationally. There are reported to be 27.64% down from a year ago with Jacksonville down 13%.

Following is a snapshot of the housing inventory across all 27 metros that ZipRealty tracked in November 2009:

                             Home

                          Inventory

                          (SFRs and  Percentage Change: Percentage Change:

Market Name                 Condos)  Month-over-Month    Year-over-Year

                          ----------- ----------------  ----------------

Overall Market Total        579,413         -2.4%            -27.6%

Austin                       7,846          -3.0%            -19.8%

Baltimore                    9,114          -2.1%            -10.7%

Boston                       30,311         -8.5%             -4.9%

Charlotte                    19,132          -.7%             -8.5%

Chicago                      64,183         -4.0%            -15.6%

Dallas-Ft. Worth             33,396         -2.1%            -12.3%

Denver                       16,437         -4.4%            -11.7%

Houston                      27,402         -1.2%            -13.6%

Jacksonville                 10,846          -.7%            -13.0%

Las Vegas                    11,548          1.3%            -50.0%

Los Angeles                  37,907          0.7%            -53.7%

Miami                        47,609          -.6%            -38.3%

Minneapolis-St. Paul         19,911         -6.0%            -22.3%

Norfolk/Virginia Beach       11,161         -1.5%             -4.8%

Orange County                7,492          -1.9%            -40.4%

Orlando                      21,168          0.6%            -35.9%

Philadelphia                 32,825         -3.8%             -8.8%

Phoenix                      31,706          3.3%            -40.7%

Raleigh/Durham               14,257         -2.3%            -12.0%

Richmond                     8,537          -1.8%             -5.4%

Salt Lake City               15,367         -1.7%            -13.8%

San Francisco Bay Area       14,797         -8.6%            -51.8%

Sacramento                   15,515          0.5%            -26.1%

Seattle                      28,614         -4.4%            -17.4%

San Diego                    7,196           -.6%            -53.7%

Tucson                       5,607           2.6%            -21.0%

Washington, D.C.             29,529         -5.0%            -33.1%