HomeDex Report for May Indicates Interesting Trend

Buying

The San Diego HomeDex Report has just come out for North San Diego County and the numbers are predictable and interesting.  We know there's an inventory problem, it's a seller's market with 2.2 months supply of inventory.  6 months is a more normal market. Interest rates are still low and there's lots of buyers out looking.  

The median sales price year over year is up 8.8%. The percent of original price received is 98.1 % and the average number of days on market has gone down to 26 days.  The telling number is that sales decreased -4.5% year over year.  There's more details to be had right here.

For more information on current market conditions, log onto www.MickeySellsHomes.com and download the current market conditions report.