Village News - Also serving the communities of De Luz, Rainbow, Camp Pendleton, Pala and Pauma

Volume dips as inventory shortages continue in North County

 

Last updated 2/23/2018 at 6:09pm

Data provided by Sandicor and 10K InfoSparks

FALLBROOK – North San Diego County real estate opened 2018 with a whimper after a strong 2017, Jerry Kalman, a realtor® with HomeSmart Legends, reported recently, noting that a surge of new escrows was a bright spot in an otherwise dismal start for 2018.

Kalman said that in January the number of escrows started to increase, reaching 80 homes, two-thirds of which came off the market in the month. The average price of all those off the market rose to $667,000 while the market time dropped below two months.

Almost all the homes coming off the market were in Fallbrook.

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