As of yesterday, here’s where we are at with Home activity in San Luis Obispo County:
290 New Listings
175 Pending Sales (48 REOs, 26 Short Sales)
The same 22 day period in June of 2009 was:
264 New Listings
178 Pending Sales (31 REOs, 23 Short Sales)
This data isn’t too promising for Home Sellers. Increased inventory, slow sales volume, and an increase in the foreclosure percentage does not indicate that the market has bottomed out in SLO County.