Monday, August 24, 2009

Monday Morning Numbers 8/24/09

Good morning once again! Time for another exciting edition of Monday Morning Numbers.

Active Listings: 89
Contingent Listings: 54
Pending Listings: 57 (28.5% of the inventory)
Price changes for the past week: 4 (2.8%)
New listings: 5
Months of inventory: 5.4
Click here for an updated price per square foot chart.

Most of the numbers changed slightly, but not a lot this week. Except...

Five new listings for the week? Are you kidding me? I'm guessing that this was just one of those flukes that we see now and then. If we see even a couple of weeks like that, our inventory will drop pretty quickly back into the 70's.

Later this week, I'll update North Lompoc. And if anybody is interested - our purchase should close in the next couple of days. We've had a good, responsive escrow office on it, and we would have probably closed it on time, but we've had to work on a couple of items on the title report. Even the "easy" deals seem to have a challenge or two along the way these days..

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