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.
Real estate housing statistics and news in Southern California.