San Diego home inventory up, demand down

George Lorimer
Friday, April 12, 2024
San Diego home inventory up, demand down
What’s the difference between the speed of the market and days on the market?
 
In this example, it’s called expected market time. Anyways, it shows cooling off a bit, which is attributable to mortgage rates up this week.
 
SD inventory was up 4% week over week, and demand was down 5%. Expected Market Time increased from 46 to 51 days.

GET UP TO 5 CASH OFFERS IN 3 MINUTES!*
 
George Lorimer, ProWest Properties, DRE# 01146839, *Conditions apply. Not all properties qualify. 
 

 

We would like to hear from you! If you have any questions, please do not hesitate to contact us. We are always looking forward to hearing from you! We will do our best to reply to you within 24 hours !

You agree to receive property info, updates, and other resources via email, phone and/or text message. Your wireless carrier may impose charges for messages received. You may withdraw consent anytime. We take your privacy seriously.