Monday Morning Numbers 7/26/10

Good morning! I'm in good spirits today because I pulled in my first cherry tomatoes of the year yesterday. A whopping harvest of 4 round, red little pieces of nirvana. All of my plants are very late producing this year for whatever reason, but my cherry plants at least are getting huge and appear to be ready to produce big time. But you aren't here to read about my tomatoes - let's take a look at some numbers:

Active Listings: 115

Contingent Listings: 36

Pending Listings: 43 (22.2% of the inventory)

New listings: 11

Months of inventory: 4.8
Click here for the updated price per square foot chart.

No big changes this week. I stopped reporting on price changes every week quite some time ago, but it's worth mentioning that we are seeing an increase in price changes this year. Year to date, we have seen an average of about 6.2% of our active inventory with a price change every week, compared to about 5.2% last year. I suspect that has more to do with the increase in non-distressed listings than anything else.

Later this week I'll have some words of advice for buyers looking at short sales. Make sure you check back in for that.