Market Update – Let’s get the latest updates on what’s happening in the San Diego Real Estate market.
• We had a virtually identical August vs last August when it comes to the number of homes sold but we would have had more if we had inventory because of the 16% decrease in inventory.
• If you wanted to sell your home this summer but didn’t get to it, don’t worry, the market is still very active and strong with lots of buyers still in the market. Sept will be a strong month for sales.
• Current market (# sales/inventory) indicates continued upward pressure on pricing.
• Another indicator is that there is a 13% decrease in the number of expired listings which shows us that fewer sellers are over pricing their homes and are serious about selling when they list.
Tune in to hear August’s San Diego Real Estate Market Update!
Radio Show: The Word on Wealth, KPRZ, with Real Estate Expert Rebecca Austin & Financial Planner Marty Schneider
Show Date: 9/3/15