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What inventory?
http://www.redfin.com/zipcode/92126/real-estate#!v=8&sst=®ion_id=38125®ion_type=2&market=socal
Just take a look at the 1/1’s….. You have a total of 9 units for sale
You have the 525 sqft POS sitting at $170k…Lol… http://www.redfin.com/CA/San-Diego/10260-Black-Mountain-Rd-92126/unit-131/home/4855423
…Or you have the slightly less POS but still POS one that is listed at $175k http://www.redfin.com/CA/San-Diego/9522-Carroll-Canyon-Rd-92126/unit-120/home/4855546
…Or you can slightly upgrade to barely above POS quality one for $189k http://www.redfin.com/CA/San-Diego/8449-Westmore-Rd-92126/unit-68/home/4573926
…Or you can go all out and get an average one that isn’t a POS for around $200k….
http://www.redfin.com/CA/San-Diego/8476-New-Salem-St-92126/unit-74/home/4574263 http://www.redfin.com/CA/San-Diego/8355-Westmore-Rd-92126/unit-25/home/4571422 http://www.redfin.com/CA/San-Diego/8656-New-Salem-St-92126/unit-55/home/4577061 http://www.redfin.com/CA/San-Diego/10774-Dabney-Dr-92126/unit-21/home/4590469 http://www.redfin.com/CA/San-Diego/9730-Mesa-Springs-Way-92126/unit-22/home/4859559