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Corcoran's Newest Listings: The Magic Number?

Enough of all of these fancy charts and graphs. The truly real-estate-obsessed know that in order to truly get a feel of the market, you've got to walk the streets yourself, knock on doors, talk to the locals. Or, you could just surf the web a lot. Reports a deeply entrenched source:

Has anyone noticed that Corcoran's "newest listings" counter on their website is approaching 600, the highest it has been since I can remember. Granted that 516 West 47th Street accounts for a good percentage (about 25%) of that number but aren't new developments the norm now? Looks like those inventory numbers are finally going to shoot up, with new developments insulating the trend.
· Newest Sale Listings [Corcoran]
· Graphing the Manhattan Real Estate Market [Curbed]