Good morning everybody! I started fighting a cold in the middle of last week, so I'm working on getting out of my NyQuil coma with an extra cup of coffee this morning. So far the NyQuil is winning. That's some evil stuff. But if you want a good 12 hours of sleep, it's your ticket to La La Land. Anyway, let's look at some numbers:
Active Listings: 54
Contingent Listings: 58
Pending Listings: 60 (34.9% of the inventory)
New listings: 4
Months of inventory: 3.5
Click here for an updated price per square foot chart.
Inventory continues to slide a little bit, and we saw a handful of closings at the end of the month, which is pretty typical. Our unlisted REO properties are up to about 59 today, which is on the high side of normal, so I wouldn't be surprised if we start to see new listings increase a little in the next couple of weeks.
Later this week I'll cover activity on newer homes.
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment