The Mission Valley market will be more selective in the short term. Sales have fallen this week to 10 homes sold over the last 30 days, and there is also a solid upward trend of new listings, with 23 going live in the same time frame. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. Of course, as more new listings came into the market, months of inventory continued to increase, hitting a one-year high at three months. With inventory so low in Mission Valley, it's still a seller's market, even after taking into consideration the decrease in sales.
Still haven't found the right home in Mission Valley? One of these new listings could end the search: