The Inventory Watch started during the last week of November in 2013, as we were coming off a blistering frenzy. Here are the number of active listings logged for the last reading in November:
Total Number of Active Listings, End of November
The 2017 market will go down as one of the best years ever! Like we saw towards the end of 2014, the previous frenzy conditions created overly-optimistic sellers, which is reflected in the higher amount of unsold listings.
The NSDCC median sales price for November, 2013 was $1,030,000, and the average mortgage rate was 3.99%.
This month, the median sales price is $1,310,000 (which is +27% from 2013), and today’s mortgage rate is 4.94%!
"Jim and Donna Klinge are by far the most professional, personable and responsive realtors I have ever worked with. They provide VIP concierge level service in every area of the process of selling your home. My home was marketed so successfully that we received an offer the day after our first and only open house. Thanks to Jim's pricing and negotiating, our house is now the highest sold in our community... more "
by Ann Romanello
"Jim educated us, helped us find the perfect house, and then negotiated us a great deal. I would hate to be sitting across the negotiating table from ... more "
"Jim is thorough and will be brutally honest about the homes he shows you. He provides great service and follows through until the very end and even ... more "
"I highly recommend Jim as a buyer’s agent. Working with Jim, we closed this week on a San Diego condo. Jim prepared a list of comparable sales to ... more "