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san diego home sales have stabilized: San Diego Residential Real Estate Sales Volumes are "Normal" - 07/24/09 08:22 PM
There are two parts to the market health that we have all been watching, price and quantity of sales.  The following chart shows the average number of detached home sales in San Diego, on a per month basis.  The error bars indicate +/- 1 standard deviation.  We can see that our lowest point, both numerically and relative to the norm was September 2007.  Since then we have been climbing back into the normal expected range of sales.

From a quantity of sales perspective, it looks fair to say that San Diego has stabilized (starting about June 2008)

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Bob Rainmaker_large

San Diego Real Estate & Mortgage Loans | Robert T. Boyer, Ph.D. | VA Home Loan

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The San Diego Real Estate Housing Market tends to lead the nation's real estate activities. This blog looks at current activity and trend data, including sales rates, months of inventory, median home price, unemployment, inflation, etc., with an intent to provide timely predictions for our market. Because such a large part of the current market is make up of San Diego Foreclosures and REOs we will also look deeply at how they affect the current environment. Additionally, specific market segments are monitored, such as La Jolla Real Estate, Del Mar Real Estate, Rancho Santa Fe Real Estate, and Carmel Valley Real Estate


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