Did You Miss the Bottom?

Prudential California Realty - Gary Harmon

San Diego North County real estate market heats up.

San Diego is one of the five California real estate markets that turned positive in April or May.    San Diego home prices appreciated as much as 3.1% to 3.9%  since hitting lows in the previous year according to Zillow.  But missing the bottom doesn’t mean the opportunity is gone for North County buyers.  San Diego North County homes values are still down 30%  to 36%.   They still make a good investment for North County property buyers.

North County Realtor

The San Diego North County real estate market is considered being balanced when there are six months of inventory on hand.  Market conditions are favorable to both North County buyers and North County sellers.  A buyer’s market is characterized by conditions such as falling prices, high inventories, concession by sellers, and incentives among other things.  A North County seller’s market has low inventories of North County homes for sale, increasing prices, and real competition between buyers, including multiple offers on many properties.Escondido Real Estate

For more information about North County homes for sale including Carlsbad homes, Oceanside homes, Vista  homes, San Marcos homes, Escondido homes, and Encinitas homes, contact Gary Harmon, your top North County Realtor.

San Diego North County Homes