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Thursday, August 04, 2011

Inventory drops again, now below 5000 units!

Hey everyone,
If you are following my blogs lately you will see that I am focusing on the shortage of inventory. 12 weeks in a row it has decreased to where we are now under 5000 units.  Despite what the news reports say, the statistics are proving, people are buying in this valley and now couldn't be a better time.  If you are thinking about it, give me a call!!!

Residential Inventory-  (Areas 307-399 Coachella Valley)

Active:  5995                                        As of 5/11/11

Active:  5907                                        As of 5/18/11

Active:  5883       Pending:   858         As of 5/25/11

Active:  5634       Pending:  1106        As of 6/01/11

Active:  5491       Pending:  1082        As of 6/15/11

Active:  5372       Pending:  1051        As of 6/22/11

Active:  5361       Pending:  1056        As of 6/29/11

Active:  5202       Pending:  1025        As of 7/06/11

Active:  5124        Pending:  1017        As of 7/13/11

Active:  5123       Pending:  1026        As of 7/20/11

Active:  5085       Pending:   994          As of 7/27/11

Active:  4984       Pending:   970         As of 8/3/11  

(These figures do not include mobile homes)