Zero Active Homes

As a professional appraiser, and an investor in real estate, I was astounded yet not surprised to see this statistic.  In my neighborhood (NWMLS area 23) there are 0 (zero) Active homes on the market.  In my 15 years in this profession, I've never seen such a figure, at least not upon a fairly adequate sample size of market data (A total of 50 homes in this sample).  It's quite a radical contrast of 18-month housing-supply and markets dominated by 40-70% REO/Short-Sale homes, market conditions that existed within the not too distant past.