Good morning once again, and welcome to yet another scintillating edition of Monday Morning Numbers! Seriously, you just can't get this kind of excitement anywhere else, short of getting glued to your television to watch a helium balloon float through the sky for an entire afternoon. I'm really happy that I hardly ever turn on the TV during the day. Let's look in on what our numbers for the week:
Active Listings: 64
Contingent Listings: 63
Pending Listings: 63 (33.2% of the inventory)
New listings: 9
Months of inventory: 4.0
Click here for an updated price per square foot chart.
Inventory continues to slide. I was just astounded a couple of weeks ago when we dropped below 70 active units, and I figured it was just a blip that would correct. It still might be that, but we actually dropped still lower this week. Now I'm wondering if we'll go into the 50's or even lower.
Come back later this week for an update on what's been happening in North Vandenberg Village.
Monday, October 19, 2009
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