Good morning once again, let's get this week started off.
Active Listings: 106
Contingent Listings: 30
Pending Listings: 43(24.0% of the inventory)
Price changes for the past week: 8 (7.4%)
The number that got my attention this morning is the one for pendings. This is the first time since last March that we've been under 50 pending units. I still think that we have pretty good demand when you factor in the contingent listings, and it's not unusual to see a seasonal change in these numbers. Also, taken as a percentage of the total inventory, it's still looking pretty solid. It'll be something to watch in coming weeks. If we get to the end of March with something like a 15% number, it probably would be an indication that our demand is waning.
I don't have a clue what I'm going to write about later this week. Any requests?
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