This can be a loaded subject within our industry. I like to see each side as two ends on a continuum, and t. is one metric in particular that I like to use.
Months Supply of Inventory: This is an estimation of how long it will take for all the market’s homes to be sold, or absorbed, based on how many homes are currently on the market and the rate homes have sold in the past (absorption rate).
So what qualifies as a Buyers Market vs a Sellers Market? It’s been said a healthy balanced market is in between 4-6 months supply of inventory.
At this time San Diego is currently at 1.0 months supply of inventory.
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Discher Group of Douglas Elliman – DRE# 02082438
950 Sixth Ave STE 212, San Diego, CA 92101
Buyers or sellers market