Monday Morning Numbers 11/8/10

I'm not one of those people who typically has a lot of trouble adjusting to time changes. I've seen enough of them at this point to take it in stride. But that said, it feels weird to be writing a Monday Morning Numbers post with the sun already up... Let's take a look at our market stats for this week:

Active Listings: 127

Contingent Listings: 41

Pending Listings: 46 (21.5% of the inventory)

New listings: 6

Months of inventory: 6.1
Click here for the updated price per square foot chart.

Not much different to report here this week. Pending listings dropped a little bit, and we had a little slower week for new listings, but everything is still pretty much where it's been for a few weeks. It'll be interesting to see how things move as we get into the holiday season. I've said before that our traditional cycles have been out the window for a couple of years, but that they might be coming back to some extent. If we are going back to a traditional cycle, I would expect to see slower sales and listing activity over the next couple of months. We'll see how it plays out.

Later this week I'm going to do something that I've toyed with for a while and kick off an occasional series of "Inside The Life of a REALTOR®" posts. I keep trying to come up with something fresh to write at least occasionally - I can only write so many REO updates. When I'm doing two posts a week, it's hard not to keep covering the same old ground all the time. So I hope this is a good addition and you'll find it interesting and entertaining.