Solana Beach (92075) Market Update for Week of September 3rd

posted on September 6th, 2012 | filed under: Buying Strategies, Loving the Lifestyle, NoCo SD Market Conditions, Solana Beach, Uncategorized

Market Update for Solana Beach, San Diego (92075):

The median list price in SOLANA BEACH, CA 92075 this week is $1,587,000.

Inventory is tightening and days-on-market is falling. The Market Action Index shows demand heating up. These are relatively bullish signs for prices.

Supply & Demand – Home sales have been exceeding new inventory for several weeks. While still a Buyer’s market, prices seem to have responded by moving upward. If the demand trends continue, expect prices to keep marching upward, especially once we see a Seller’s Market.

Price – Despite this week’s down tic, price trends in this zip code have generally been moving up lately. We are below the market’s high point, and we’ll investigate the Market Action Index later on to see if we expect this week’s blip to become a downward trend.

Would you like to see a list of homes that are currently for sale in Solana Beach?  Just let me know!  I will send you a full marketing comparison, including homes that aren’t even on the market yet! Jeff@JeffDHomes.com

posted by Jeff DeChamplain

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Jeff DeChamplain