First 8 Days of 2009
Posted By Jim the Realtor On January 13, 2009 @ 6:39 am In Sales and Price Check | 8 Comments
Is the market in a flat spin, or improving?
Attached and Detached Closed Sales, Jan 1-8
| Year | SD Co. | NCC | NCC Over $900K |
| 1996 | 52 | ||
| 1997 | 82 | ||
| 1998 | 64 | ||
| 1999 | 116 | ||
| 2000 | 101 | ||
| 2001 | 105 | ||
| 2002 | 100 | ||
| 2003 | 92 | ||
| 2004 | 112 | ||
| 2005 | 103 | ||
| 2006 | 72 | ||
| 2007 | 86 | ||
| 2008 | 46 | ||
| 2009 | 51 |
We have fewer new listings coming on than last year, more overall closings than last year in the county, and attractive interest rates. The elephant in the room is the third category, the higher-end sales – which are struggling. There are currently 2,358 active listings over $900,000, and we’re closing 51 per week!
Though that’s not bad, compared to North County Coastal (NCC) – where there are 928 active listings over $900,000 – and only FIVE closed last week (the same as 1997)
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