Wednesday, January 9, 2013

December Finally 2012 - Start of a New Year

As you can see below, the inventory in San Diego is still declining. 
As we begin 2013 I believe inventory will continue to decline, yet hopefully stabilize and even increase towards the second half of the second quarter. I don't see home prices acting any differently, as they have increased over the last year, and should continue to increase county wide for most of 2013.


                                     January 07, 2013       Month/Month        Year/Year
  Median Asking Price           $389,000                 +1.0%         +11.1%
  Home Listings/Inventory         7,241                    -11.8%        -40.0%



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