There have been other posts – Piggington's Econo-Almanac

September 6, 2007 at 11:28 AM #83590

Participant

There have been other posts that claimed there was months and months of inventory….plus, a continuation of building and no buying going on. How could inventory have stabilized?

Friday, August 31, 2007
San Diego County Inventory (Sales)
Tracking San Diego County, California

Population 2006: 3.07 million
1/01/2006 Listing per population ratio 1:220
7/31/2006 Listing per population ratio 1:131

01/2006: 16,161 (2,898)___01/2005: (3,324)
02/2006: 17,262 (3,035)___02/2005: (3,442)
03/2006: 18,261 (4,367)___03/2005: (5,018)
04/2006: 19,480 (3,974)___04/2005: (5,345)
05/2006: 21,175 (4,480)___05/2005: (5,141)
06/2006: 22,588 (4,533)___06/2005: (5,663)
07/2006: 23,385 (3,584)___07/2005: 14,176 (4,765)
08/2006: 23,381 (3,666)___08/2005: 15,240 (5,379)
09/2006: 22,710 (3,207)___09/2005: 16,081 (4,935)
10/2006: 21,692 (3,282)___10/2005: 16,490 (4,155)
11/2006: 19,831 (2,987)___11/2005: 16,072 (3,937)
12/2006: 17,223 (3,613)___12/2005: 14,591 (4,262)

Population 2007: 3.10 million
1/01/2007 Listing per population ratio 1:191
6/10/2007 Listing per population ratio 1:144

01/01: 16,260
01/31: 17,109 (2,772)___01/2006: 16,161 (2,898)
02/28: 17,544 (2,863)___02/2006: 17,262 (3,035)
03/31: 18,638 (3,218)___03/2006: 18,261 (4,367)
04/30: 20,122 (3,436)___04/2006: 19,480 (3,974)
05/31: 21,169 (3,385)___05/2006: 21,175 (4,480)
06/30: 22,268 (3,510)___06/2006: 22,588 (4,533)
07/31: 22,551 (3,106)___07/2006: 23,385 (3,584)
08/10: 22,636
08/20: 23,006
08/31: 23,518

All-time Record high inventory: 23,385 homes, July 2006.
All-time low inventory: 2,301 homes, March 2004.
Previous Record high inventory: 19,250 homes, July 1995.
North County Times 4/12/06

Population 1995: 2.66 million
Listing per population ratio 7/1995: 1:138
Population adjusted record high inventory: 22,174 homes.