Monday, June 7, 2010

Monday Morning Numbers 6/7/10

Hope you all had a great weekend in this magnificent late spring weather that we've been having. God, I love living in this part of the world... Let's take a look at our market's vital signs this morning:

Active Listings: 92
Contingent Listings: 46
Pending Listings: 54 (28.1% of the inventory)
New listings: 10
Months of inventory: 4.0
Click here for the updated price per square foot chart.

We're down slightly for inventory this week, but nothing all that noticeable. We appear to be in a pretty stable place right now for our market by all measures that I use to track things, and I don't see anything coming that will be making any major changes. It seems like the demand side of the equation is a little lighter, with not quite as many multiple offers on properties right now, but that's kind of hard to track. And sometimes, "it seems like" can be the three most dangerous words in the English language.

Later this week I'll update our condo market.

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