Monday, May 3, 2010

Monday Morning Numbers 5/3/10

Looks like we have a beautiful Monday on tap. I know that we have a full schedule today, so let's get right after the numbers:

Active Listings: 81
Contingent Listings: 38
Pending Listings: 53 (30.8% of the inventory)
New listings: 10
Months of inventory: 3.6
Click here for the updated price per square foot chart.

These numbers remain pretty stable, although the active listings dropped a bit this week despite not seeing a rise in contingent or pending listings. We had a handful of expired listings this week that probably contributed to that, and as a result we are at a low point for the year in months of inventory. Only 2 of the new listings were REO's, and 4 were short sales.

Later this week I'm going to update the activity in the central part of town. That's typically one of our highest volume areas, and it's one of the big indicators in what's going on in our market. So make sure you check back in late in the week for that.

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