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This Week's Encinitas Market Trend Report

Inventory has been decreasing lately but the Market Action Index is falling also. With days-on market climbing, these are relatively negative implications for the market.

In terms of supply and demand, the market is getting cooler—more supply is coming on the market relative to the sales demand.

However, in recent weeks prices have been moving higher. Since it is technically a buyers' market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed.

Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

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Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors. Write a new post... What's up? Make an announcement, speak your mind, or sell something
Jodina Hahn Gallo May 21, 2013 at 02:31 pm
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Pam May 21, 2013 at 06:52 am
Took this class before a trip to Italy. Very fun and was able to learn quickly with the way theRead More class was taught. Great instructor and wonderful insights. You will enjoy it if you ever wanted to learn Italian. Caio!
ron ranson May 21, 2013 at 09:34 am
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Hi Edward, I didn't hear any reports on the scanner or from sources of crashes, rescues or hardRead More landings.
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BlueAngel2 May 23, 2013 at 07:25 pm
Aunt Judy was probably a very lonely person and turned to comfort in a bottle. What a darn shame.
Batman May 23, 2013 at 06:37 pm
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Stopped by Sunday to take a Look, very nice homes, good location, fair asking price, should sellRead More well...!!!