Monday Morning Numbers 5/9/11

Good morning again. I spent most of last week up in Sacramento at the California Association of REALTORS® spring meetings. I gotta tell you, we're getting to be a pretty frustrated bunch of people about short sales. If you read my little rant about them a couple of months ago, you might have some insight into why. So rather than go back into that again this morning, I'm just going to get into some numbers:

Active Listings: 147

Contingent Listings: 35

Pending Listings: 55 (23.3% of the inventory)

New listings: 13

Months of inventory: 6.5
Click here for the updated price per square foot chart.

We had a little more normal number for new listings this week, and as a result our raw number of active listings moved up a little. But we saw a very small decrease in our months of inventory because we had a little bit of an increase in reported closings last week. But for the most part, there's not a lot of change from last week.

Later this week I'll get you that update on South Vandenberg Village.