August 31, 2021 Snapshot

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The active listing inventory shed 59 homes in the past two-weeks, down 2%, and now totals 3,121. In July, there were 7% fewer homes that came on the market compared to the 3-year average between 2017 to 2019 (2020 was skewed do to COVID-19), 324 less. Last year, there were 4,228 homes on the market, 1,107 additional homes, or 35% more.The active listing inventory shed 59 homes in the past two-weeks, down 2%, and now totals 3,121. In July, there were 7% fewer homes that came on the market compared to the 3-year average between 2017 to 2019 (2020 was skewed do to COVID-19), 324 less. Last year, there were 4,228 homes on the market, 1,107 additional homes, or 35% more.

Read more ...August 31, 2021 Snapshot

August 15, 2021 Snapshot

San Diego County Housing Summary > Market Insights - California Real Estate Expert Robert Wolf - Page #4 - California Real Estate Expert Robert Wolf >

The active listing inventory added 8 homes in the past two-weeks, nearly unchanged, and now totals 3,180, its highest level of the year. In July, there were 7% fewer homes that came on the market compared to the 3-year average between 2017 to 2019 (2020 was skewed do to COVID-19), 363 less. Last year, there were 4,180 homes on the market, 1,000 additional homes, or 126% more.

Read more ...August 15, 2021 Snapshot

August 1, 2021 Snapshot

august 1 market update > Market Insights - California Real Estate Expert Robert Wolf - Page #4 - California Real Estate Expert Robert Wolf >

The active listing inventory added 113 homes in the past two-weeks, up 4%, and now totals 3,172, its highest level of the year. In June, there were 14% fewer homes that came on the market compared to the 5-year average between 2015 to 2019 (2020 was skewed do to COVID-19), 714 less. Last year, there were 4,397 homes on the market, 1,225 additional homes, or 39% more.

Demand, the number of pending sales over the prior month, decreased by 49 pending sales in the past two-weeks, down 1%, and now totals 3,374. Last year, there were 3,870 pending sales, 15% more than today, due to a delayed Spring Market.Demand, the number of pending sales over the prior month, decreased by 49 pending sales in the past two-weeks, down 1%, and now totals 3,374. Last year, there were 3,870 pending sales, 15% more than today, due to a delayed Spring Market.

Read more ...August 1, 2021 Snapshot

July 15, 2021 Snapshot

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The active listing inventory added 212 homes in the past two-weeks, up 7%, and now totals 3,059, its highest level of the year. In June, there were 15% fewer homes that came on the market compared to 5-year average between 2015 to 2019 (2020 was skewed do to COVID-19), 791 less. Last year, there were 4,577 homes on the market, 1,518 additional homes, or 50% more.

Demand, the number of pending sales over the prior month, decreased by 35 pending sales in the past twoweeks, down 1%, and now totals 3,423. Mortgage rates remain at historically low levels, maintaining demand’s current brisk pace. Last year, there were 3,625 pending sales, 6% more than today. It was just the second time the prior year was higher than the current year dating back to June 2020.

Read more ...July 15, 2021 Snapshot

July 1, 2021 Snapshot

jul1mkt > Market Insights - California Real Estate Expert Robert Wolf - Page #4 - California Real Estate Expert Robert Wolf >

The active listing inventory added 84 homes in the past two-weeks, up 3%, and now totals 2,847, its highest level of the year. From June 1st through June 15th, there were 15% fewer homes that came on the market compared to 5-year average between 2015 to 2019 (2020 was skewed do to COVID-19), 391 less. Last year, there were 4,701 homes on the market, 1,854 additional homes, or 65% more.

Demand, the number of pending sales over the prior month, decreased by 126 pending sales in the past two-weeks, down 4%, and now totals 3,458, its largest decrease of the year. Mortgage rates remain at historically low levels, maintaining demand’s current brisk pace. Last year, there were 3,762 pending sales, 9% more than today. It was the first time the prior year was higher than the current year dating back to June 2020.

Read more ...July 1, 2021 Snapshot

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