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How's the Market?

Inventory has been lightening lately and the market continues to trend upward with the median home in Encinitas selling for $1,080,000.

Home sales have been exceeding new inventory per the weekly market trend report provided by Pickford Escrow.  While still a buyer's market, prices seem to be responding by moving upwards.  If the demand continues, expect prices to keep going in an upward trend, especially once we see a Seller's Market.

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