Update: Please see the home page for the latest graphs, I am reverting earlier weeks to text to maintain site speed.
San Fernando Valley:
Single Family Homes
Active - Total 1930
Active - Short sale 563
Active - REO 135
Backup - Total 734
Backup - Short sale 433
Backup - REO 46
Pending - Total 1569
Pending - Short sale 780
Pending - REO 358
Distressed active / Total active = 36.2%
Distressed pending / Total Pending = 72.5%
Condo
Active - Total 640
Active - Short sale 323
Active - REO 58
Backup - Total 265
Backup - Short sale 206
Backup - REO 12
Pending - Total 538
Pending - Short sale 285
Pending - REO 136
Distressed active / Total active = 59.5%
Distressed pending / Total Pending = 78.3%
Ventura County:
Single Family Homes
Active - Total 1469
Active - Short sale 201
Active - REO 102
Contingent - Total 976
Contingent - Short sale 631
Contingent - REO 59
Pending - Total 638
Pending - Short sale 193
Pending - REO 174
Distressed active / Total active = 20.6%
Distressed pending / Total Pending = 57.5%
Release from Showing 288
Condo
Active - Total 434
Active - Short sale 102
Active - REO 30
Contingent - Total 421
Contingent - Short sale 307
Contingent - REO 28
Pending - Total 266
Pending - Short sale 89
Pending - REO 85
Distressed active / Total active = 30.4%
Distressed pending / Total Pending = 65.4%
Release from Showing 69
2 comments:
Great exhibits. I am unclear as to your definition of "contingent" and "pending"...If possible, could you please provide a sense of what you are measuring?
thanks
Anonymous,
Contingent means the contract has a contingency in place that hasn't been cleared. This could be finance contingency, home of choice, inspection, or any number of other contingencies in place.
Pending means contingencies have been cleared. But note.. many agents in the SFV just use Pending and don't use contingent flags at all.
Thanks for stopping by.
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