Wow, what a magnificent weekend we just had! Perfect weather for the SB County Vintners Festival (I worked one of the tents - that was a great time), the Spring Arts Festival, and putting in a garden. If I've brought you tomatoes in the past, you'll know how important that is. If I haven't, hey, call me. There will be plenty to go around.
Anyway - let's look at some numbers this morning:
Active Listings: 96
Contingent Listings: 39
Pending Listings: 41 (23.3% of the inventory)
Price changes for the past week: 4 (3.0%)
Click here for the up to date price per square foot chart.
Yikes! We're under 100 active listings this morning. If you have to sell a house and you want it gone quick, this is a great time to do that. You won't get as much money as you might after the prices recover, but it might be quite a while before that happens in any substantial way.
And if you look at the pending and contingent listings, you'll see that if you add them together they are at 80. I wouldn't have thought this possible before, but if things keep moving in the direction they are, we might see the combined number surpass the active listings. These are some strange and interesting times in the Lompoc real estate market, my friends...
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