San Diego inventory

[yooklid]

Anyone got an updated San Diego inventory? Haven’t seen it for a while…

[an]

As of right now, it’s 22574.

[CAwireman]

Does anyone know what that equates to in number of months of inventory?

I seem to recall that 9 months of inventory was pivotal for past RE corrections.

[Lickitysplit]

From ocrenter’s blog, posted today:

Tracking San Diego County

Population 2005: 3.06 million
Listing per population ratio 3/2004 1:1330
Listing per population ratio 2/2005 1:360
Listing per population ratio 7/29 1:216
Listing per population ratio 12/10 1:196

02/05: 8,500
07/05: 14,176 (4,765)___07/04: (5,658)
08/05: 15,240 (5,379)___08/04: (5,580)
09/05: 16,081 (4,935)___09/04: (5,177)
10/05: 16,490 (4,155)___10/04: (4,758)
11/05: 16,072 (3,937)___11/04: (4,350)
12/05: 14,591 (4,262)___12/04: (4,807)

2006
Listing per population ratio 1/1 1:220
Listing per population ratio 6/20 1:138
Listing per population ratio 6/30 1:135

1/30: 16,161 (2,763)___1/05: (3,324)
2/28: 17,262 (2,865)___2/05: (3,442)
3/31: 18,261 (4,146)___3/05: (5,018)
4/30: 19,480 (3,705)___4/05: (5,345)
5/31: 21,175 (4,217)___5/05: (5,141)
6/30: 22,588
7/04: 22,410
7/07: 22,574

All-time low inventory: 2,301 homes, March 2004.
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.

-ziprealty resale inventory includes SFR/Condo/MFR/Land Parcels
-(sales figure) includes new and resale homes from DataQuickNews

[pencilneck]

Thanks lickity, great data (& link)! These numbers are mindbogling. I’ve been expecting this for a long time, but still can hardly believe how quickly the market has changed.

All-time low inventory March 2004
New all-time high inventory record set April 2006?

That is a freaking fast turn-around. Does anyone else have that sick feeling that you get at the top of a roller-coaster?

[Lickitysplit]

don’t thank me, thank ocrenter 😉

[Author]

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