Monday, May 23, 2011

Monday Morning Numbers 5/23/11

Well, it looks like Saturday came and went, and no apocalypse. Good that I didn't liquidate everything I own and head off to a beach in Jamaica for the last few weeks of the year, which was the first thought I had when I heard that prediction. On the other hand, sometimes that sounds good even when the end isn't purported to be imminent. Let's take a look at this week's market stats:

Active Listings: 143
Contingent Listings: 35
Pending Listings: 59 (24.9% of the inventory)
New listings: 9
Months of inventory: 6.4
Click here for the updated price per square foot chart.

Most weeks lately I've been remarking that there were no big changes from the past week in these numbers. But this week is kind of ridiculous - there were very small changes to three of those numbers from last week. It would appear that we've hit another plateau for the time being in our market activity.

I got bus last week and didn't get to that foreclosure activity update, so I'm going to try to crank that out this afternoon if I can and work in a post later in the week on Mission Hills activity.

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