Monday Morning Numbers 5/17/10

We had our Relay For Life event in town this weekend. Historically, Lompoc has had the best per capita total for the entire state in funds raised. I don't know how it came out this time - I know that funds for these types of thing are way down pretty much everywhere - but the track was packed when we were there. Let's take a look at our numbers this week:

Active Listings: 94

Contingent Listings: 36

Pending Listings: 57 (30.5% of the inventory)

New listings: 10

Months of inventory: 3.8

Click here for the updated price per square foot chart.

No huge changes here. Not as many new listings this week, but we were still in double digits for the 6th week in a row. This time out, 6 of the 10 that came on were distressed properties.

Later this week, I'm going to take a look at the traditional listings that appear to have been increasing in recent months. I want to see how they compare to distressed listings in some key statistical measures, and see if I can figure out why we are seeing more of them of late. Should be interesting to research (and hopefully to read).