By Michele Engleman, San Diego Real Estate
Michele Engleman, Seniors Real Estate Specialist
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UNIVERSITY HEIGHTS / NORMAL HEIGHTS / TALMADGE MARKET UPDATE
CONDOS
San Diego, CA 92116
Fri Sep 10 2021 This week the median list price for San Diego, CA 92116 is $485,000 with the market action index hovering around 83. This is an increase over last month's market action index of 73. Inventory has increased to 8. Click here to stay informed with the San Diego market!
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.
We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
People find it harder to make ends meet due to rising mortgage rates. When carrying that much weight, you can't take any chances. Make sure you shop around for mortgage rates before you buy anything. Just a handful of lenders can provide the most acceptable mortgage rates and conditions in the business. Mortgage Intelligence is one of the companies that provide these solutions. To acquire the most significant interest rate possible, Mortgage Intelligence is here to assist you. Oshawa is a municipality in the province of Oshawa in the Canadian prairies. Any Oshawa homebuyers who aren't sure what amenities they want in a new residence may be solicited via email.
By Michele Engleman, San Diego Real Estate
Michele Engleman, Seniors Real Estate Specialist
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San Diego, CA 92117 Fri Sep 10 2021 This week the median list price for San Diego, CA 92117 is $912,000 with the market action index hovering around 78. This is less than last month's market action index of 81. Inventory has increased to 42. Click here to stay informed with the San Diego market! Market Action Index This answers “How’s the Market?” by comparing rate of sales versus inventory. Buyer's Market Seller's Market 0 10 20 30 40 50 60 70 80 90 100 Today Today Last Month Last Month 78 78 Strong Seller's Market The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again. Real-Time Market Profile Never miss important changes in the San Diego market. Median List Price $912,000 Median Price of New Listings $912,000 Pe
By Michele Engleman, San Diego Real Estate
Michele Engleman, Seniors Real Estate Specialist
-
During these uncertain times, I thought I would provide my clients, friends and family with vital information you may need to hear. Below is an article I found from the Keeping Current Matters Blog on what experts are saying about the future economic impact from COVID - 19. I HIGHLY recommend you read through this! Wishing you & your family is healthy and a Happy Easter, Michele Engleman, Seniors Real Estate Specialist "As our lives, our businesses, and the world we live in change day by day, we’re all left wondering how long this will last. How long will we feel the effects of the coronavirus? How deep will the impact go? The human toll may forever change families, but the economic impact will rebound with a cycle of downturn followed by economic expansion like we’ve seen play out in the U.S. economy many times over. Here’s a look at what leading experts and current research indicate about the economic impact we’ll likely see as a result of the coronavirus. It starts w
People find it harder to make ends meet due to rising mortgage rates. When carrying that much weight, you can't take any chances. Make sure you shop around for mortgage rates before you buy anything. Just a handful of lenders can provide the most acceptable mortgage rates and conditions in the business. Mortgage Intelligence is one of the companies that provide these solutions. To acquire the most significant interest rate possible, Mortgage Intelligence is here to assist you. Oshawa is a municipality in the province of Oshawa in the Canadian prairies. Any Oshawa homebuyers who aren't sure what amenities they want in a new residence may be solicited via email.
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