Monday Morning Numbers 6/14/10

Good morning! I came in here to post my Monday Morning Numbers post and I noticed that I didn't have last week's "Focus On" post in here. I had to sit and scratch my head - I know I sat down and wrote a condo update last week. So I took a look, and there it was sitting on the list in the drafts. Go figure. I just posted it, so now we can get after this week's numbers:

Active Listings: 99

Contingent Listings: 45

Pending Listings: 44 (23.4% of the inventory)

New listings: 15

Months of inventory: 3.8

Click here for the updated price per square foot chart.

We had a very active week in our MLS. In addition to the 15 new listings, we had 15 closings and 12 price changes. We're approaching 100 active listings - we haven't been there in over a year. But because we've had a lot of sales in recent months, the months of inventory remains low. We'll see how long that holds, though, because our pending listings have been dropping. In terms of percentage of inventory, we're at the lowest level of pending listings since May of last year.

Later this week I'll take a look at North Vandenberg Village. I might even remember to post it...