Another week begins, and we start it off as always with another set of market stats:
Active Listings: 82
Contingent Listings: 44
Pending Listings: 42 (25.0% of the inventory)
New listings: 9
Months of inventory: 4.0
Click here for an updated price per square foot chart.
Very little change in these numbers over last week. We did see a few more new listings hit the market this week than we did during the two holiday weeks. It would have been pretty surprising if we hadn't, actually. As I said last week, I'm expecting a slight down trend in our active inventory in coming weeks due to some slowdown in recent foreclosures, but I also expect that to be a short-term trend.
Later this week I'm hoping to have two separate posts. First, I'm going to do a fourth quarter review, and then I'll recap 2009 as a whole with a little prognostication for what I see in 2010. Should be interesting.
Monday, January 11, 2010
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