Monday Morning Numbers 3/21/11

I don't know about you, but my brackets are completely shot. I will at least lay claim to having Richmond & Florida St. in the Sweet Sixteen. Of course, I also have to lay claim to having Pittsburgh and Purdue in the Final Four... Oh, to hell with it, let's look at some numbers:

Active Listings: 142

Contingent Listings: 35

Pending Listings: 40 (18.4% of the inventory)

New listings: 11

Months of inventory: 7.3
Click here for the updated price per square foot chart.

For the first time since April 2008 we are above 7 months of inventory. A big part of that is due to slow first quarter sales so far this year, although our raw inventory is up quite a bit from what we've seen for the past couple of years. The silver lining here might be that our pending sales have started to edge up over the past couple of weeks.

I still haven't figured out the topic for later this week. When inspiration strikes me, I'll come up with something and bang it out for you.