I was merely going by numbers quoted by the article and then re-quoted by 4plexowner. My own knowledge of downtown is fairly limited. If you have reliable data as to the real amount of active inventory that is not on MLS, which is in disagreement with the article, by all means let’s hear it. If you think that 2.5 months of inventory in Mission Valley (perhaps half of it contingent) are irrelevant, explain why.
You recall incorrectly, I did that in Q1, and I always talked exclusively about SFR’s, Q1 may or may not have been bottom for condos, though current inventory numbers outside DT seem to indicate that it was. My position is defended by numbers on my blog.