Supply oF Existing Inventory

The Stats Keep Coming in From year end 2009 reporting Below you will see a chart detailing the steady decline in available inventory in the Coachella Valley.

• _______2_______       3_____          4_______
  Dec-09    6.1              6178            1011
  Nov-09    7                6621               950
  Oct-09     6.7             6569               980
  Sep-09     7.3            6478                888
  Aug-09    7.1             6586                 923
  Jul-09      7.7             6928                898
  Jun-09      7.9            7255                 924
  May-09     8.1            7678                 945
  Apr-09      7.6           8210                 1083
  Mar-09       7.5          8729                1166
  Feb-09       11.6         9080                  785
  Jan-09        11.4         9028                 794

Column 2 is the number of months it would take to sell existing
inventory if no more came on the market.
Column 3 is the # of Properties For Sale on the Last Day of Month Column 4 represent the # of Properties Under Contract end of month

While no one is declaring the Real Estate market has returned to perfect health these are very good signs that the patient is improving. Lower inventory with a steady supply of buyers means prices can begin to rise as they did in December 2009.