Happy Monday morning once again! Let's have a look at this week's numbers:
Active Listings: 103
Contingent Listings: 29
Pending Listings: 34 (20.5% of the inventory)
Price changes for the past week: 7 (5.3%)
Click here for our most recent price per square foot chart.
We have 5.1 months of inventory on the market this morning. Again, not a big change in the numbers this week. Pending units are down a bit more this week. I don't know if we have softening demand, or if we just have a lot of buyers not finding the right fit for them with our thin inventory. Could be a little of both.
Fun fact of the day: New listings year to date are down 42% from a year ago, while sold units for the same period are up about 3%.
Monday, March 16, 2009
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