Here are the latest stats for September 2008:

Active Listings All:    1464  SS* 168 REO 118   

Continue to show (CTS):  1112   SS   658 REO 154

Yes! 60% of CTS are SS!
ONLY 14% REO!

73% of CTS "Pre or Post"
foreclosure! Wow!

Pending All 203   SS     72      REO 53

Solds ALL: 468   SS 80   REO 140   
Solds  ALL: 2008 509   SS  69    REO 270

Days on the Market(DOM) for SS: 173 Days up from 167 in 2008!

Findings: SS Solds-up a paltry 12% over 2008   but down from record 102 in July.

REO's off 47%!! Over 2008!

All Solds:    Off 9.7!    Median down only 11% vs. 2008

  Competition is fierce below $400,000K "Unsold Inventory" absorption rates just 2.2 months for the market under $500K.

  Under $300K is  1.13 months! Rocketing out the door with  overbids!

*SS—Short-Sales