Wednesday, March 23, 2011

San Diego, CA 92126 / Mira Mesa Decline 8.6% Over the Past Year - www.brianward.com

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The median home value in the San Diego, CA 92126 / Mira Mesa declined 8.6% over the past year indicating a declining property values trend.  There are currently 4.2 months of housing inventory indicating a balanced demand/supply trends.  The median marketing time for closed sales was 41 days over the past 3 months indicating a marketing time trend of under 3 months.  47% of all sales were bank sales or short sales over the past 3 months which is effectively equal with 46% of all sales during the same period last year.


Brian Ward
San Diego, CA Home Appraiser
www.brianward.com