Good morning, time again for a look at our market stats. I didn't find time for last week's "focus on" post - I was tied up for a big part of it and out of town for a couple of days. Here's what the numbers look like this morning:
Active Listings: 104
Contingent Listings: 35
Pending Listings: 57 (29.1% of the inventory)
Price changes for the past week: 3 (2.2%)
Click here for the up to date price per square foot chart.
Another week without much change in the numbers. We're up to 6.0 months of inventory today, mostly because we've seen sales numbers drop off over the past month or two. You might remember that our pending sales dropped off a bit for a while a month or two ago. With our pending units on the rise again, I expect to see stronger sales in the next month or two, and that inventory stat will probably go back down into the 4-5 month range.
Later this week, I'll try to get that short sale update out. At least I don't think I'm going to be on the road, so that should help...
Monday, May 18, 2009
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