Monday, January 10, 2011

Monday Morning Numbers 1/10/11

Another new week dawns, and with it comes a fresh look at some Lompoc Valley real estate market stats:

Active Listings: 120
Contingent Listings: 37
Pending Listings: 42 (21.1% of the inventory)
New listings: 15
Months of inventory: 6.1
Click here for the updated price per square foot chart.

Let's start a pool - how many times will I write "no big changes this week" in 2011? But here we are - most of these numbers are pretty close to where they've been over the past few weeks. We did have a pretty big week for new listings this week, and a small uptick in properties under contract for sale (contingent and pending). Distressed sales were big again this week among new listings, with 4 REO's and 6 short sales.

Over the next few days I'll be cobbling together some of the 4th quarter market numbers for a wrap-up of that quarter, and then I'll have a 2010 year in review shortly after that. Come back later this week for those posts.

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