SAN DIEGO MARKET UPDATE FOR JUNE 2018

Many sellers and builders are in a good position for financial gains, as the economy continues to favor putting existing homes on the market and building new homes for sale. We are finally beginning to see some upward movement in new listings after at least two years of a positive outlook. There may not be massive increases in inventory from week to week, but a longerterm trend toward more new listings would be a good sign. Low inventory should continue to create a competitive situation for buyers, causing price increases over the next several months.
Source: April 2018 Report

To view the full up to date report from the San Diego Associations of Realtors, click here.