Saturday, November 8, 2008

Weekly Active/Pending counts SFV & Ventura - 11/08/08

I'm going to post the weekly inventory counts for Ventura County and the San Fernando Valley as more time goes by this data set will become more useful.


San Fernando Valley:
SFH
Active 4280
Backup 385
Pending 1386

Condo
Active 1471
Backup 122
Pending 432

Ventura County:
SFH
Active 2474
Contingent 589
Pending 681
Release from Showing 306

Condo
Active 784
Contingent 174
Pending 235
Release from Showing 71


As an update to the previous post estimating SFV sales, It appears that October will be the best month of the year for SFH in SFV. October has 31 days and had 5 fridays this last month (more homes close on Friday), in addition both the Short sale and REO numbers increased as a percentage of solds (especially in Ventura). The banks are staying motivated.

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