Monday Morning Numbers 1/31/11

Good morning! It's good to be home. I like San Diego, but being on the road without Diane gets to be old pretty quickly. Let's take a look at our market stats for this fine Monday morning:

Active Listings: 118

Contingent Listings: 35

Pending Listings: 40 (20.7% of the inventory)

New listings: 6

Months of inventory: 5.8
Click here for the updated price per square foot chart.

Another week with very minimal change in our market stats. New listing activity was slow for the second consecutive week. We're on another one of those plateaus that we seem to find pretty frequently. I suspect that we won't stay this low in listing activity indefinitely, but we're coming into a period where we typically see more sales activity as well.

Come back later this week, and I'll have a few choice words about short sales. I'll try to keep the language family friendly.