| Type | Total Inventory | Pendings | New Listings | New Listings/Sales Ratio | % of Inventory Sold |
|---|---|---|---|---|---|
| Single Family Homes Encinitas West of I-5 (92024) |
47 | 2 | 8 | 4 to 1 | 4% |
| Downtown Condos 2bed.2ba. 1200 sq.ft. plus (92101) |
215 | 13 | 46 | 3.5 to 1 | 6% |
| 2-4 Units San Diego (92101 - 92120) |
574 | 15 | 92 | 6 to 1 | 3% |
Note: New Listings also include any price ranges/modifications to a listing made during the month of August, thus the # of new listings most likely will be overstated. This is the way the MLS reports and I’m unable to calculate this any other meaningful way.
August was the worst month for real estate news in the media that I have encountered. A sharp spike in foreclosure filings, further concerns about sub-prime loans, and chaos in the credit markets. I anxiously await the September 18th meeting of the Federal Reserve.
The number of properties that went into escrow reflects worry about the future of housing. Properties going into escrow declined in all categories, with the greatest drop in the 2-4 unit category.
Hi, I'm Jeannie. For over 25 years I've helped investors make money in markets both good and bad. 
