Type Total Inventory New Listings Pendings New Listings/Sales Ratio % of Inventory Sold
Single Family Homes
West of I-5 (92024)
35 15 4 3.8 to 1 11%
Downtown Condos
(92101)
209 57 15 3.8 to 1 7.2%
2-4 Units
(92101 - 92120)
411 127 37 3.4 to 1 9%

Nothing changed much from April. I’m hoping the rate of inventory coming on the market will slow substantially. I’m continually amazed why new property is placed on the market at an asking price higher than what is currently available and not selling. You have to be the best property at the best price.

 

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