Monday Morning Numbers 2/7/11

Well, that was a lackluster ending to the NFL season. An OK but not great game (and as a Bears fan I'm wired to hate the Packers). Probably the lamest batch of ads that I can remember. And that halftime show? Well, I'll just say that I'm probably not the target audience. And now we gotta wait 7 months to see any meaningful on-field action, if they can figure out the labor agreement thing.

OK, let's get to what you came here for:

Active Listings: 121

Contingent Listings: 38

Pending Listings: 39 (19.7% of the inventory)

New listings: 12

Months of inventory: 6.0
Click here for the updated price per square foot chart.

Another week, another similar looking set of numbers. We did see some more new listing activity this week, and it's interesting to note that out of those 12 new listings, there wasn't a single REO. I suspect that we'll see a minor run of REO listings sometime in the near future, because my running list of unlisted REO properties has edged up to the mid-60's. That's on the high side of where it tends to be. In the past when it gets up to that level we usually get a little bit of a run of them.

Later this week I'll take a look at activity in the central part of town. That's usually a good one to check in on because it's probably our highest volume area, and I can do a better job of spotting market trends.