Monday Morning Numbers 11/1/10

Good grief, it's November already. How does that happen? I suppose that we're about to replace all of the obnoxious campaign commercials with obnoxious Christmas commercials. I love my DVR for letting me skip the bulk of those things... Let's take a look at this week's market stats:

Active Listings: 126

Contingent Listings: 39

Pending Listings: 51 (23.6% of the inventory)

New listings: 10

Months of inventory: 6.2
Click here for the updated price per square foot chart.

No big changes this week in our numbers, although our months of inventory has continued to rise. As we transition some of these pending listings into sold units over the next several weeks, we might see that number drop back down into the 5 month range again, assuming we remain steady with new listing activity.

Later this week I'm going to take a look at our condo market.