Sales are ⬇️, Inventory is ⬇️, but Prices are at an All Time High!
Ok, so prices aren't at an all time high.. some areas are still well below the high seen in 2006; however, when compared to the last 8 years, we are seeing prices soarto new heights! We have experienced this large price increase in 2017 due to the high demand and lack of inventory. We have plenty of buyers attempting to move to San Diego, however we just don't have enough homes for them all. This market condition sparks bidding wars; which in turn has caused our housing prices to climb.
Here are the numbers to back that up..
Inventory down Median Sales Price up Interest rates down
Having been raised in San Diego, Joseph has a great wealth of knowledge of each community San Diego has to offer. Combined with being extremely hard working, having a great attention to detail, and having the ability to listen Josephs clients receive an elite level of service.
[March 2018] Spring is Here! San Diego is Blooming... and th
"We used Joseph Arendsen to help us locate a home. That turned out to be a great decision. Mr. Arendsen helped us to locate and buy the home, when the competition was stiff, and negotiated a good sales price. Throughout the process he was a strong advocate and we received many concessions from the seller that we did not expect. Mr. Arendsen was very knowledgeble and was able to recommend a good broker, inspectors, termite inspection, etc. We would not hesitate to use him again."