Let's take a look at our market stats for this beautiful Monday morning:
Active Listings: 125
Contingent Listings: 35
Pending Listings: 44 (21.6% of the inventory)
New listings: 14
Months of inventory: 6.1Click here for the updated price per square foot chart.
We've had a pretty busy first two weeks of the year for new listings. The big bulk of these have been distressed sales - 6 of the 14 last week were REO's with another 4 short sales. But when I look at the four non-distressed listings that came on last week, it looks like 2 of them are investor flips of properties purchased either as trustee's sales or REO properties.
Since I didn't get to the 2010 wrap-up on Saturday, I'll try to get to it early this week, and then I'll see if I can fit in a neighborhood post later in the week.
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