There are going to be times when these Monday morning posts look an awfully lot like the one from last week. The changes tend to be pretty subtle. If you want some more detail on what some of these numbers are about, take a look at the 1/5/09 post.
Active Listings: 124
Contingent Listings: 21
Pending Listings: 50 (25.64% of the inventory)
Price changes for the past week: 13 (8.97%)
Sold listings for the previous two weeks: 9
Pretty similar numbers compared to last week. The overall trend in inventory level is still down, and activity remains pretty stable. Price changes were up a bit this week, but that's mostly due to a new construction builder putting in a few price changes on the units they have in the MLS. We have about 5.2 months of inventory on the market as of this morning.
I may or may not be able to post a Wednesday piece this week. I'm heading up to Monterey for a California Association of Realtors statewide directors meeting this week, and this being my first one of these, I have no idea how much down time I'll have.
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