What’s been happening in our San Diego real estate market lately?
Where are we headed in 2017?
Inventory, interest rates, & affordability are three of the key areas you want to focus on when buying or selling a home this year.
We have 4,657 homes available for sale at about 1.5 months of inventory, which is extremely low!
What does this mean for you?
A balanced market usually has about 5 -7 months of inventory. A seller’s market is anything 3 months or less and a buyer’s market is anything 7 months or longer. At 1.5 months of inventory we are in a scorching hot seller’s market. If you are looking to sell your home now is the ideal time because there are many homebuyers with not many properties to look at, meaning you’ll sell quickly at a great price.
To get all the latest news from our local real estate market, watch the rest of the video above!
As always…Be Moved.
Group 46:10 Network & Keller Williams Realty