Monday, August 9, 2010

Monday Morning Numbers 8/9/10

Oh, I like the synchronicity of today's date. 8/9/10. That must mean everything is going to line up perfectly. Uh-huh... Let's take a look at this week's numbers, fresh out of the oven and piping hot:

Active Listings: 118
Contingent Listings: 37
Pending Listings: 43 (21.3% of the inventory)
New listings: 11
Months of inventory: 5.0
Click here for the updated price per square foot chart.

Hey, wait a minute, those look suspiciously like last week's numbers. It's almost like somebody just pulled them off the shelf, popped them in the oven for a few minutes to warm them up, and tried to pass them off as fresh. But as it turns out, we really haven't seen much change this week once again. I'm still waiting to see if a small influx of REO listings will come on sometime soon. But for right now, things continue to look stable.

Later this week I'm going to examine the resurgence of the "flip" in our market. Should be interesting, check back in for that one.

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