Jim the Realtor on home inventory in San Diego:
In December, 2008 the average amount of homes for sale was 15,116.
On August 11, 2009, the total amount of active listings was 11,457.
On September 22, 2009, the amount of actives was 8,149.
Today’s inventory count is 7,955…
The lower inventory counts are excruciating for the ready, willing, and able buyers. Any decent houses that list with an attractive price are still being scooped up quick.
Back in August, hardly any of Jim’s readers expected November inventory to be this low.
Dr. Duru