This is your April 2012 San Diego real estate market trends update report for homes priced under 1mm.
The San Diego real estate market is in the process of turning over from a buyer's market to a balanced market, and in some cases a seller's market. Pricing is moving higher both in for sale and sold properties, and inventory levels have been significantly diminished.
For area home sellers, this means you no longer need to dump your price to get noticed by the market. Home buyers shound begin to feel confident the worst has passed and may expect to see postitive pricing gains going forward.
Real estate is different in every market. For a no hassle report on what is happening in your neighborhood or to learn about market activity anywhere in San Diego, please give me a call at 858-454-8519.
Mark Stuart, Prudential California Realty