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Sunday, May 31, 2009

Staggering Numbers

If you follow my blog you will find I post these statistics often. These numbers show you how the Sandicor MLS, Multiple Listing Service of homes on the San Diego Multiple Listing service for one week. Our inventory has dropped to an amazing low which would explain why last week when I wrote an offer for my clients we were 1 of 42 offers. If your thinking of listing your home now would be the time especially if you own your home. Many buyers are trying to steer clear of short sales due to there response to buyer offers. Bank owned or foreclosure homes are quicker to receive a response but the competition is staggering as my above example. Please feel free to contact me to assist you with any questions you may have in regards to buying or selling in this market.

Active listings as of Friday, May 29:

MRMLS: 18,252

Sandicor: 10,996

SoCalMLS: 17,683

SFR and Condo Activity from May 17 through May 23.

New Actives:

MRMLS: 1,196 Sandicor: 693 SoCalMLS: 1,091

New Pendings:

MRMLS: 1,476 Sandicor: 906 SoCalMLS: 706

Closed Sales:

MRMLS: 1,307 Sandicor: 630 SoCalMLS: 806

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