Welcome back from Christmas. We had a very nice low-key Christmas at our house, just a few small presents and a very tasty non-traditional tri-tip for dinner. Yum. Let's take a look at our market stats for the last time in 2009:
Active Listings: 83
Contingent Listings: 46
Pending Listings: 44 (25.4% of the inventory)
New listings: 4
Months of inventory: 4.2
Click here for an updated price per square foot chart.
Last week and this week are typically very light activity weeks across the board. Not many new listings came on last week, and I'd expect the same this week. And we aren't likely to see a lot of new pending listings either. We're at a high point for inventory both in terms of number of units and months of inventory since the end of September, but I wouldn't be surprised if that drops a little when the calendar changes over to 2010. We usually see a handful of listings expire at the end of the year.
I'm not sure what the post is going to be later this week. I'm trying to come up with something a little more interesting than a neighborhood focus. I have kind of a half-formed idea that I need to flesh out. We'll see if I can pull something together.
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