Monday Morning Numbers 5/16/11

I've been doing a bunch of yard project stuff over the past few weeks, and boy is my back screaming at me this morning. Getting old sucks. So let's do something that requires just a little less physical strain. Let's run some market numbers:

Active Listings: 142

Contingent Listings: 35

Pending Listings: 59 (25.0% of the inventory)

New listings: 9

Months of inventory: 6.2
Click here for the updated price per square foot chart.

Inventory is down slightly this week, and pending sales are up slightly. Aside from that, there really isn't anything noteworthy in these numbers this week. We might be trending very slowly to a lower inventory, higher activity market but it's too early to say for sure.

Later this week I'll have an update on foreclosure activity in our market.