Monday Morning Numbers 2/15/10

Good morning all,

I hope everyone had a nice Valentine's Day weekend and got to spend it with someone special. We spent the day in the office yesterday. Do I know how to show a girl a good time, or what? Hey, at least we got to be together... Let's take a look at this week's numbers:

Active Listings: 76
Contingent Listings: 39
Pending Listings: 50 (30.3% of the inventory)
New listings: 10
Months of inventory: 3.8
Click here for an updated price per square foot chart.

Once again, no big changes this week in these numbers. It's been a little while since we had back-to-back double digit weeks in new listings. The interesting thing here is that of the 10 new listings that came on this week, only 2 were REO's and 2 were short sales. I'm not going to go back and break it down, but I'd bet it's been a long, long time since we saw 6 new traditional listings in a week.

Later this week I'm going to step outside the Lompoc focus and give you a quick look at interest rates from a historical perspective. It's probably not going to be a long post, but the chart I have on it is rather eye-opening.