Monday Morning Numbers 8/23/10

Good morning. Crazy week last week for us between taking on some new listings and having that foreclosure avoidance seminar, so I didn't get around to a second post. I'll try not to let that happen this week. That seminar, by the way, was very well attended. We got some good feedback, and we've come up with a few ways to make it even better next time. We'll probably do one again in a few months. Let's take a look at this week's numbers:

Active Listings: 127

Contingent Listings: 37

Pending Listings: 45 (21.5% of the inventory)

New listings: 16

Months of inventory: 5.2
Click here for the updated price per square foot chart.

We had another very active week for new listings, with 9 of the 16 being distressed sales. We're still seeing an influx of non-distressed properties coming on the market. Inventory continued to climb again this week, and sales activity remains pretty stable.

Since I spent so much time talking to people last week about short sales, I figured that it's just natural that I'd cover short sale activity later this week. I have a couple of interesting numbers to share, so make sure you come back for it.