Currently there are 3788 listings of homes for sale in San Diego County. To compare, in 2005, where there were 14,000 listings. As soon as homes come on the market, they are being scooped up creating a 1/1 ratio in various areas. Check out the demand/ratio chart to see how our local communities are fairing in this market. Encinitas shows a 4:1 ratio of sold versus newly listed.
As interest rates continue to rise, many buyers may lose their buying power making it difficult to qualify for a higher priced home. So what do we do? Put your home on the market .. and prepare to sell.
