San Diego Real Estate Market Analysis
San Diego County Residential Real Estate Market Analysis: (Part 3 of 3)
The following is a market data summary of detached and attached properties as reported by the San Diego County MLS system. The data includes all zip codes in San Diego County. * All 2011 data in figures 1 through 4 will be projected based on market data taken from January through March as reported by the San Diego County MLS system. All projections discussed in this analysis will be updated throughout the year in subsequent quarterly reports. ©2011 By Mark A. Melikian California Certified Residential Appraiser appraisals@san.rr.com P.O. Box 3051 Del Mar, California 92014 858-793-9339
Detached and Attached Housing Market Specifics – 1st Quarter 2011 Housing Supply: Normal residential real estate markets typically have a six to seven month supply of housing inventory. Based on 1st quarter 2011 absorption rates, current supply levels for detached properties are at, or below, normal market levels up to the $700,000 plus price ranges. Current supply levels for attached properties are at, or below, normal market levels up to the $300,000 plus price ranges (see figure 7). Read more 