Monday Morning Numbers 5/10/10

Good morning again. Hope everybody treated their mothers right yesterday. Judging by the crowd yesterday at Cajun Kitchen, I'd say most of Lompoc did just that. It's time again for some market stats. Let's get after it:

Active Listings: 90

Contingent Listings: 38

Pending Listings: 58 (31.2% of the inventory)

New listings: 22

Months of inventory: 3.9

Click here for the updated price per square foot chart.

We've hit 90 active listings for the first time since last August, largely due to the biggest week of new listings that I've seen since I started tracking that number. However, our sales activity is better now than it was last summer, and our months of inventory remains low. As a point of reference, when our inventory was last at this level in terms of raw numbers, we had about 5.8 months of inventory. Half of the new listings that came on last week were traditional sellers.

Later this week we'll take a look at the north end of town. Come back and check in for that.