Monday Morning Numbers 12/7/09

Happy Rainy Monday, everyone! Time for our weekly foray into Lompoc market stats:

Active Listings: 72
Contingent Listings: 52
Pending Listings: 46 (27.1% of the inventory)
New listings: 9
Months of inventory: 3.6
Click here for an updated price per square foot chart.

Another week with no big changes. I'm continuing to watch the unlisted REO level, and it's back down in the high 50's now. That's been a pretty normal level for the year. What I've typically been seeing is that when that number gets up into the 60's, we get a little spike of new REO listings. It appears that we had that little spike a couple of weeks ago, and now we're back to a more normal level of activity. I wouldn't be surprised if the active listings drop down again in the next few weeks. Aside from the REO inventory, this is traditionally a time of the year when we don't see a lot of listings.

Later this week I'll re-visit the market numbers for Central Lompoc.