Happy Rainy Monday, everyone! We're starting to see some traffic on our new website (yay!), and that may translate into new readers for this blog. So if this is your first time seeing the Monday Morning Numbers, go back to the 1/5/09 post for a fuller explanation of what this stuff means. Here's what we have going on this morning:
Active Listings: 111
Contingent Listings: 21
Pending Listings: 52 (28.26% of the inventory)
Price changes for the past week: 8 (5.19%)
I'm officially giving up on the two week sold number this week. It's meaningless, because we see way too many listings get updated several weeks late after they sell. As of this morning, we have 4.8 months of inventory on the market.
This is the first week since the Monday before Halloween that we've seen our inventory increase a little bit. One week does not a trend make, and we're still looking at very low inventory levels and solid demand.
I'm trying to figure out a technical issue - if I can, I'm going to post a price-per-square-foot chart later this week. It's kind of ugly - viewer discretion is advised... If I can't figure it out, I'll come up with some other "Focus On" topic. Stay tuned.
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