| Type | Total Inventory | Pendings | New Listings | New Listings/Sales Ratio | % of Inventory Sold |
|---|---|---|---|---|---|
| Single Family Homes Encinitas West of I-5 (92024) |
28 | 2 | 8 | 4 to 1 | 7% |
| Downtown Condos 2bed.2ba. 1200 sq.ft. plus (92101) |
217 | 8 | 45 | 5.6 to 1 | 3.7% |
| 2-4 Units San Diego (92101 - 92120) |
487 | 24 | 88 | 3.7 to 1 | 5% |
Total Inventory has dropped most likely from expired listings. Sales as a percentage of inventory rose for Single Family Homes in Encinitas but that was because of declining inventory. Downtown condos sales declined the most of any product on the list. One possible reason is the constant barrage of negative news about Downtown San Diego in Money Magazine/CNN. All of the above data however have small numbers so any change reflects a sizable change in the percentage. Review my article “Foreclosures….understanding the Numbers” on the web site.
Note: New Listings also include any price ranges/modifications to a listing made during the month of September,, 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.
Hi, I'm Jeannie. For over 25 years I've helped investors make money in markets both good and bad. 
