San Diego’s Housing Market is Hot! Hot! HOT!

Homes for sale in San Diego continue to be at historically low numbers.  I’m being to feel like a broken record.  But take a look at the chart, provided by the San Diego Association of Realtors, below.  It illustrates active (homes currently on the market), contingent (homes with offers accepted but awaiting bank approval-typically these are short sales) and pending sales (homes with an accepted offer and currently in escrow).  The chart illustrates since January of 2012 to January 2013, San Diego has had a steady decline in available homes for sale yet a strong demand for housing.  Currently the number of homes for sale (active) is just barely outpacing the number of homes in escrow (green).  Looks like 2013 is off to a bang for San Diego’s Real Estate Market.

Available Homes for Sale Remain Low Throughout San Diego


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