Monday Morning Numbers 5/31/10

Hope everybody is having a good Memorial Day weekend. And while you're having that cookout or going to the summer kickoff party, take a minute to think about something. We ask some of our young men and women to go off to some pretty awful places and do some pretty horrible things in the name of our freedom. And some of them don't come home. That's what today is set aside to commemorate. So take a minute today to remember them today.

Let's get after the numbers:

Active Listings: 97

Contingent Listings: 42

Pending Listings: 55 (28.4% of the inventory)

New listings: 9

Months of inventory: 4.2

Click here for the updated price per square foot chart.

No big changes this week. We broke a string of 7 straight weeks of double-digit new listings, but not by a lot. We appear to have a slight trend toward higher inventory over the past few weeks, but nothing earth shattering.

Later this week I'm going to take a look at REO activity, with an eye toward what lies ahead of us in coming months. I have some local numbers on loan resets that might shed some light on what we have coming in the next couple of years. Don't miss it.