No surprise that the new year has re-ignited the trend of sellers pushing higher on prices.  But ever since mid-2013 when higher mortgage rates doused the buyers’ enthusiasm, the sold pricing has flat-lined:

SD House Pricing

They show +11.6% increase in December inventory Y-O-Y, but there has been an almost identical amount of new SD listings this month (1732 vs. 1728 through Jan 19).

Might we see a couple of months of suspense as both buyers and sellers stare each other down over higher pricing?

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