The good news for buyers is that inventory levels are increasing, and mortgage rates have dipped slightly.  One can get a 5 year fixed rate as low as 3.79% upon approval.  However, the Olympic hiatus is over, and sales are also increasing.  Over the past week, it really feels like the spring market is upon us.  Here's the relevant market data in the Westside:

Earlier in the year, we were seeing many multiple offers in the Detached category, due to low inventory.  In the past week, we are seeing that trend in the condo market.  Condo properties that are selling with multple offers are "plum", in desirable locations, in solid complexes, and the individual homes being updated or in top show condition.