Time again for our weekly look at market activity:
Active Listings: 107
Contingent Listings: 26
Pending Listings: 39 (22.7% of the inventory)
Price changes for the past week: 10 (7.5%)
Click here for our most recent price per square foot chart.
Not a lot of change this week. Pendings dropped off a bit more, and it appears that we have a trend toward slightly less buyer activity in the market. That might change as we head into spring and people start gearing up for summer moves. We have 5.2 months of inventory on the market this morning.
Tune in later this week for a South Vandenberg Village update, and at some point soon, I'm going to revisit REO's with some additional thoughts and insights.
Monday, March 2, 2009
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