Monday Morning Market Snapshot Improved Active Market Index – Low Home Inventory In San Diego County
The San Diego County real estate market continues with record low inventories. Below an updated graph as of today indicates that inventory levels have been mostly flat since July of 2009. The chart below covers both single family and attached units for a period of 1 year with a 90 day average.
The market active index has been trending upward since Mid-February of 2009 from a low of 14.5 for single family homes and 13.5 for attached homes to over 20 for single family homes and 22 for attached homes.
Finally taking a look at active days on the market for single family homes there is a big difference between the top vs.bottom quartiles. The most expensive real estate in San Diego County is taking an average of over 150 days to sell, while the lowest priced homes are just under 100 or approximately 1/3 less market time.
If you want to know what is going on in your local market please visit our statistics section – you can have a market report e-mailed to you weekly.





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