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North San Diego Coastal real estate update

North San Diego Coastal Real Estate Update March 2010

Pending home sales nationally were up 8.2% for February 2010, in the West, according to the report pending sales were off nearly 5%. In the San Diego real estate market the picture was significantly brighter than the February numbers that came out today would suggest. Your March 2010 North San Diego Coastal Real Estate Update is available below. The pending home sales in North San Diego Coastal markets covered by the report showed a 51% year over year rise. Other important insights show the Months Supply of Home Inventory down year over year by 48% and the Average Market Time lower as well. The North San Diego coastal real estate market appears to be turning a corner, there is a note of caution in the air. There is a good deal of stimulus in the system right now, some of which is coming to an end. The Fedreal Reserve has finished purchasing Mortgage Backed Securities and federal tax credits for move up buyers and first time home buyers are scheduled to end soon.The real question is what will happen over the next 3- 9 months. Tell us what you think? Give us your thoughts below. 

Areas of focus in the report are the following zip codes: 92007,92008,92009,92010,92011,92014,92024,92067,92075,92130.

If you would like a local report for your zip code specifically or your neighborhood contact me at (760) 602-1000 or email Loren@coastalhomefinder.com and ask for your report.

Click on report below to see the March 2010 North San Diego Coastal Real Estate Report.

 



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Posted by: Loren D. Sanders
Loren D. Sanders

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