Data getting better but I noticed something that necessitates a change. Most of the new inventory and existing inventory is well over $1M in 92103. Most of the pendings are coming in the other two zips which are more affordable. The reasoning behind this thread was to track an affordable metro sfr market. Im gonna start just looking at North Park and Normal Heights as it will be far more useful. You”ll see why…
New listings 8 which isnt many. Lets see how it goes going forward
New Pendings 16 lots of demand
Thats -8 for inventory.
Closed sales at 14
Price reductions at 5.
Total houses for sale 29. Thats not many for two densely populated zips though they do have more multi family