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Tuesday, June 2nd, 2009 at 1:02 PM

May Sales & Cost/SF

These are the preliminary numbers of detached home sales, and cost-per-sf for May. While there are some signs of relative stability, all the hub-bub about the market improving hasn’t translated down to sales increasing yet – or cost-per-sf:

Town or Area Zip Code May 2008 May 2009
Cardiff 92007 3 / $657 4 / $372
Carlsbad NW 92008 19/$347 13/$319
Carlsbad SE 92009 40/$295 33/$254
Carlsbad NE 92010 11/$252 12/$245
Carlsbad SW 92011 14/$326 16/$274
Del Mar 92014 8/$522 14/$998
Encinitas 92024 36/$403 22/$379
La Jolla 92037 22/$1045 15/$710
Oceanside all 125/$231 130/$183
Poway 92064 30/$292 27/$251
RSF both 19/$537 13/$427
San Marcos N 92069 37/$213 24/$169
San Marcos S 92078 31/$233 32/$200
Solana Bch 92075 10/$805 7/$565  
Vista all 61/$204 84/$171
Sorrento 92121 5/$292 3/$288
West RB 92127 43/$270 34/$261
East RB 92128 36/$283 43/$271
Rancho Pen 92129 38/$291 26/$267
Carmel Vly 92130 44/$355 29/$324
Scripps Rch 92131 28/$290 13/$278
All SD All Zip 1,723/$283 1,724/$224

That’s a 21% decrease in cost-per-sf since last May.

Posted on Tuesday, June 2nd, 2009 at 1:02 PM in Afternoon Data, Monthly Sales Count | 3 Comments » | Email Email | Print Print You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Reader Comments: 3 Responses

  1. Interesting to see Rancho Santa Fe $/sqft lower than La Jolla, Del Mar, and Solana Beach.

    I’m as bearish as anyone, but 21% decrease in a year is no joke – that’s a significant stride toward reality . Still think there’s more downward pressure though. I wouldn’t be surprised to see another 21% decline.

    The Blur | June 2nd, 2009 at 5:49 pm

  2. I wonder what sales would have looked like without the price drops…

    CA renter | June 2nd, 2009 at 6:16 pm

  3. The 20% reduction psf jives with the CaseShiller numbers.

    Jay jay | June 3rd, 2009 at 4:28 pm

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