Monday morning rolls around again, and I roll out of bed, pour a couple of cups of black coffee down my gullet, and go pull some numbers. Who says my life isn't exciting? And here they are:
Active Listings: 78
Contingent Listings: 40
Pending Listings: 49 (29.3% of the inventory)
New listings: 6
Months of inventory: 4.2
Click here for an updated price per square foot chart.
We're still bouncing along at about the same level we've been at for a few weeks. It was a slower week for new listings, and this time around, only one of the six new listings was an REO, and one was a short sale. If the last couple of weeks are any indication, maybe we're going to start seeing more traditional sellers. I wouldn't count on that, but it's interesting to see that over 70% of the new listings that have come on over the past two weeks were traditional sellers. We're dealing with some very small numbers here, so I really wouldn't want to call that a trend just yet.
Later this week I'll take a look at activity in South Vandenberg Village, and next week it's probably about time for an update on REO's. Come back and check that out.
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