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. 
 

 

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