To illustrate our inventory shortage, here’s where we stand today, compared to June 7, 2012:
CONDO INVENTORY TODAY
Cambridge — 44% of last year’s inventory
On the market today: 78
On the market this day last year: 176
Somerville — 45% of last year’s inventory
On the market today: 45
On the market this day last year: 99
SINGLE FAMILY INVENTORY TODAY
Cambridge — 42% of last year’s inventory
On the market today: 14
On the market this day last year: 33
Somerville — 59% of last year’s inventory
On the market today: 13
On the market this day last year: 22
MULTI-FAMILY INVENTORY TODAY
Cambridge — about equal, but numbers too low to mean anything
Somerville — 50% of last year’s inventory
On the market today: 22
On the market this day last year: 44
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