Here we saw how the NSDCC sales have been down 9% this year – how have sales been county-wide? The closed sales between January and May this year are also down 8% compared to last year, in spite of there being 20% MORE houses listed for sale than in 2017!
The cheerleaders can’t claim that lower sales are due to lack of inventory!
San Diego County Detached-Homes Sales, Jan – May:
People want to believe that it takes longer to sell more expensive homes. But the NSDCC median days-on-market is 18 days this year, where the median SP is $1,325,000. Eight days faster in a sub-region where the median sales price is twice as much!