Speaking of low inventory, 92108 is now showing 84 listings on SDLookup, and a total of 36 closed sales in May. I own a condo in Mission Valley, so I want to see this as a sign that we have hopefully hit a “bottom” and may actually start seeing an increase in prices.
At the same time, as I mentioned before, I have a friend who is planning to relocate back to San Diego from the East Coast. Should I encourage her to try to buy something this year or is it likely prices will stay flat for awhile?
