Monday Morning Numbers 3/28/11

Good morning again. Remember last week when I said that my brackets were shot? Well, hey, now everybody's brackets are down the tubes! I was ahead of my time! Let's take a look at this week's market stats:

Active Listings: 153

Contingent Listings: 34

Pending Listings: 40 (17.6% of the inventory)

New listings: 17

Months of inventory: 7.4
Click here for the updated price per square foot chart.

Another big week for new listings has pushed our inventory up again. Of the 17 new listings that hit the market last week 7 of them were bank owned properties, which might be an indication that we're seeing some of the small influx of those listings that I thought we might see a few weeks ago.

I didn't have a late week post last week, as you might have noted. I started to write something, but it turned out to be a half-formed thought that wasn't going anywhere. I usually don't let that stop me, but this was going to turn out to be a pretty pointless ramble, so I killed it off. I'll go back to the rotation of neighborhood/market segment posts and cover condos later this week. Maybe by next week I'll figure out how to say what I was going to say in some intelligible form.