- This topic has 384 replies, 23 voices, and was last updated 6 days, 6 hours ago by
Bewildered.
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AuthorPosts
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August 2, 2023 at 8:25 PM #902538August 9, 2023 at 8:49 AM #902569
sdrealtor
ParticipantNew listings 6 (7) –
New Pendings of 6 (10)
Thats 0
Closed sales at 3 (4)
Total houses for sale 5 (38) with median of $1.2M ($985K).
There were 20 on the market 2 years ago with a 875K median.
Inventory getting worse. Market here stable as they come and should continue to prosper. The only thing holding it back IMO is low turnover. There are still lots of older homes in need of attention that are not turning over and slowing the pace of gentrification. Nonetheless the long term future looks great here
August 16, 2023 at 8:20 AM #902624ParticipantNew listings 2 (7) –
New Pendings of 2 (11)
Thats 0
Closed sales at 2 (11)
Total houses for sale 5 (32) with median of $1.295M (didnt record).
There were 22 on the market 2 years ago with a 875K median.
More of the same with one change. There are now no homes listed under $1.15M here. I think that is an artifact of the lower range selling and the higher stagnating a bit.
The markets feel like they have gotten ahead of themselves a bit and are being held up by low inventory. Seasonality should return this Fall and there should be some give back this Fall. Should be….
August 27, 2023 at 9:02 PM #902629ParticipantWas away on a Hawaiian vacation so Ill keep this brief and catch up
New listings 7 (0) –
New Pendings of 0 (4)
Thats +7
Closed sales at 6 (8)
Didnt get inventory count but it has been rising here albeit still historically low. This week last year it was 32
August 30, 2023 at 8:48 AM #902631ParticipantNew listings 6 (8) –
New Pendings of 6 (10)
Thats 0
Closed sales at 6 (8)
Total houses for sale 13 (32) with median of $1.2M (981K).
There were 24 on the market 2 years ago with a 867K median.
Had some inventory build up the last couple weeks. There are some nice remodeled/ and/or flipped homes on the market now. They should be easily absorbed by the market in the next few weeks. Not seeing anything changing here other than a brief period of some better inventory right now which is why the median is up quite a bit also
September 5, 2023 at 3:04 PM #902633ParticipantNew listings 1 (8) –
New Pendings of 6 (7)
Thats -6
Closed sales at 3 (7)
Total houses for sale 9 (34) with median of $1.2M (978K).
There were 20 on the market 2 years ago with a 857K median.
The new inventory as expected was absorbed and will continue to be
September 7, 2023 at 9:21 PM #902635Jmw2
ParticipantGot this from a realtor auto email thing about 92126
“Properties are selling 34 days faster than last year. Days on market less than 10”
September 14, 2023 at 12:50 PM #902666ParticipantNew listings 7 (7) –
New Pendings of 3 (7)
Thats +4
Closed sales at 2 (7)
Total houses for sale 12 (34) with median of $1.15M (980K).
There were 19 on the market 2 years ago with a 849K median.
This market is just flopping around with low new listing counts and low sales. Sometimes more of the former and others the later. Doesnt look like we are gonna see much change anytime soon
September 20, 2023 at 12:51 PM #902672ParticipantNew listings 2 (3) –
New Pendings of 3 (8)
Thats -1
Closed sales at 6 (7)
Total houses for sale 8 (32) with median of $1.2M (992K).
There were 20 on the market 2 years ago with a 849K median.
Inventory peaked this year in January at 14.
More of the same
September 21, 2023 at 3:51 PM #902674Bewildered
ParticipantFWIW
My area of Bay Ho seems to have more active inventory than i remember seeing for several years: 14 properties.
https://www.redfin.com/neighborhood/149/CA/San-Diego/Bay-Ho
Just anecdotal of course, and maybe just noise.
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