San Diego Home Info by Gretchen Pagnotta
Archive for the 'market trends' Category
Limited Inventory Means Market Is Not Buyers Market Anymore
The inventory of single family homes for sale in the 92127 Rancho Bernardo area was down in September. The Total Inventory of Properties available for sale as of September was 151, down -6.8% from 162 last month and down -43.2% from 266 in September of last year. September 2012 Inventory was at the lowest level compared to September of 2011 and 2010.
This is good news for home sellers. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The September 2012 MSI of 3.6 months was at its lowest level compared with September of 2011 and 2010.
If you are looking to sell a home in North San Diego and want a Top Real Estate Agent let me hear from you! We have a list of buyers looking for specific features! [email protected]