Monday, December 13, 2010

Monday Morning Numbers 12/13/10

Good morning again, boys & girls! Time for another look at some market numbers for the Lompoc Valley:

Active Listings: 124
Contingent Listings: 40
Pending Listings: 44 (21.2% of the inventory)
New listings: 13
Months of inventory: 6.9
Click here for the updated price per square foot chart.

We had a pretty active week of new listings considering that we are heading into the holidays. Inventory ticked up a little this week in both terms of raw numbers and months of inventory, but everything else remains fairly stable. 9 of the 13 new listings are distressed sales this week, with 6 of them being short sales.

Hey, speaking of short sales - I'll be updating you on that segment of the market later this week.

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