Monday, September 27, 2010

Monday Morning Numbers 9/27/10

Finally, we're getting some summer! We just had to wait until the calendar told us that autumn had officially started. Go figure. Let's take a look at this week's market stats:

Active Listings: 121
Contingent Listings: 36
Pending Listings: 54 (25.6% of the inventory)
New listings: 8
Months of inventory: 5.5
Click here for the updated price per square foot chart.

No significant changes to the numbers this week. We seem to have settled in to a slower period for new listings. Maybe the traditional seasonal patterns that we used to see are beginning to come back. It used to be that we'd see a lot of activity in the summer, and things would slow down after the school year started. In the past couple of years, that trend has fallen by the wayside with the influence of REO listings. We're still probably a long way from "normal" (whatever that is).

Later this week I'll take a look at activity in the north end of town. And tonight at 5:30, I go offline because the Bears are playing the Packers. You can call me if you like - you'll get my voice mail. Bear down, baby.

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