San Diego Market Watch - Real Estate Update For May 25, 2023

San Diego Market Watch - Real Estate Update For May 25, 2023

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Let's check out what's happened in the San Diego real estate market over the past week!

Housing inventory has been on a slight upward trend since last month. For the second week in a row, the number of new listings has exceeded pending sales by a narrow margin. Closed sales continued to dip, which corresponds to a drop in new listings last month.

This week, interest rates edged up slightly. Many industry experts are predicting that rates will trend down over the next several weeks.

Will new listings continue to outpace pending sales? We'll be back next week with another update!

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#sandiego #sandiegohomes #sandiegorealestate

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Eric and Deva Edelman are Realtors with Century 21 Affiliated, helping people buy and sell real estate in San Diego, California since 2004.

Thinking of buying a home? Check out tips and advice for home buyers: ➡️https://bit.ly/2GM24sE

Thinking of selling a home? Check out tips and advice for home sellers: ➡️https://bit.ly/2BNWnqT

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🔗 Links:
Website - http://www.edelmans.com
Facebook - https://www.facebook.com/edelmanhomes
LinkedIn - https://www.linkedin.com/in/ericedelman
Instagram - https://www.instagram.com/edelmanhomes

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Subscribe to our YouTube Channel - http://bit.ly/3IrY2F7

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Eric Edelman, Realtor
Deva Edelman, Realtor
Century 21 Affiliated | DRE# 01430055, 01430056
9888 Carmel Mountain Road, Suite A
San Diego, CA 92129
Phone: 858.673.7573
Email: [email protected]


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