Weekly Active/Pending counts SFV & Ventura - 12/20/08

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:
Single Family Homes
Active 3830
Backup 361
Pending 1265

Condo
Active 1325
Backup 98
Pending 383

Ventura County:
Single Family Homes
Active 2169
Contingent 578
Pending 627
Release from Showing 302

Condo
Active 738
Contingent 188
Pending 191
Release from Showing 63

The holiday doldrums are upon us, little new inventory and lots of homes expiring or being pulled off the market. Even in the face of very significant interest rate cuts there is still falling pendings. Expect this to continue until mid-January or early-February.