There have been 3,557 properties sell so far this year in our North SD County Coastal region. If the bulk of the 1,342 properties from Carlsbad to La Jolla that are currently on the NOD and NOT lists end up hitting the market next year, we’ll get to experience some true price discovery.  If they somehow survive without selling, expect inventories to be thin, and buyers waiting somewhat impatiently.

Here’s an example via youtube: