Monday Morning Numbers 10/18/10

It's going to be a busy Monday, so let's just skip to the chase and get you some numbers:

Active Listings: 128

Contingent Listings: 34

Pending Listings: 58 (26.4% of the inventory)

New listings: 17

Months of inventory: 5.9
Click here for the updated price per square foot chart.

Our inventory edged up a bit this week on the strength of an active week for new listings. Our unlisted REO inventory is down a bit, and with some of the uncertainty surrounding the foreclosure processes, we might see a further decline in the next several weeks. If we continue to see non-distressed listings at the rate we have over the past several months, that probably won't be as large an impact as you might think. I'm still not entirely sure what to make of all this mess, and at some point in the next couple of weeks I hope I can get some good information about it and give you some idea of what to expect. I could sit here and speculate, but you already have plenty of sources for that kind of stuff.

Later this week I'll update activity in the Country Club & Mesa Oaks.