In Imperial Beach, CA property values have changed less than 2% over the past year indicating a stable property values trend. There are currently 9.5 months of housing inventory indicating a stable demand/supply trend, although it is a sharp increase from 4.5 months of inventory which has been typical over the past year and may indicate future oversupply and property value declines. Properties sold in a median of 60 days over the past 3 months indicating a marketing time trend of under 3 months. The local MLS indicates that 38% of all sales over the past 3 months were bank sales or short sales which is nearly half the ratio of one year ago, though still great enough to place downward pressure on property values.
