SD Housing Inventory Question

[davelj]

two days ago, the inventory figure for san diego county was 20,998 units. today, the following figures were posted:

There are currently 19965 listings in San Diego County

1. North County Coastal (3005)
2. North County Inland (6601)
3. Central San Diego Coastal (1370)
4. Central San Diego (3991)
5. South Bay (2211)
6. East County (2787)

will someone please explain to me how over 1,000 units of inventory disappeared over the course of two days? must be quite a selling season!!

[ocrenter]

where are you getting your info?

I’m tracking SD county using ziprealty closely and have not seen any drop at all. In fact in the last day it increased from 18,800’s to 18,900’s.

you may be looking at a delay in the removal of pending sales or withdrawn listings from the MLS over the course of a few weeks, once those overdue listings are cleared up, you suddenly see a huge drop.

[uncle_git]

It seems to dip after the weekend and pickup later in the week – probably people letting listings expire and relisting to get the all important “New on market” tag.

Overall the trend is up and fast.

[davelj]

here’s the link to my inventory number: http://sdhomepix.com/

click on the “homes for sale” tab

now it’s up to 20,555… go figure.

it went up by 25-50 homes per day for about two months, then declined by 1,000 in two days, then climbs by 550+ in one day. needless to say, i think there’s something screwy going on with these figures over the last few days.

[davelj]

looks like the site i use has fixed the problem. numbers are back up to “normal” now:

There are currently 20924 listings in San Diego County

1. North County Coastal (3218)
2. North County Inland (6872)
3. Central San Diego Coastal (1424)
4. Central San Diego (4247)
5. South Bay (2301)
6. East County (2862)

[davelj]

everything appears to be back on track with my inventory source (21,000+ and growing):

There are currently 21215 listings in San Diego County

1. North County Coastal (3277)
2. North County Inland (6957)
3. Central San Diego Coastal (1434)
4. Central San Diego (4304)
5. South Bay (2325)
6. East County (2918)

[powayseller]

Have you reported this to the newspaper? Isn’t this a significant event?

[Wickedheart]

We have surpassed the all time 1990 high. I think the numbers he’s posting are a little high though. Some sites include Riverside and even Tecate properties in their San Diego MLS numbers. http://bubbletracking.blogspot.com/

[sdappraiser]

Sandicor, the local MLS issued a warning to all local agents last week to ‘check’ their listings and change any pending sales that have closed to ‘closed’. There are typically a large number of pending sales that never register as closed either due to lazy agents or oversight. Sandicor tries to clean house every 6 months or so. The drop you saw last week may have been due to this.

[Author]

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