Steady/Strong Locally

Here’s a year-over-year review of the summertime median prices of detached-home sales between June 1st and September 30th in the individual areas of NSDCC.

Town/Area	2011 #Sales	Median SP	Avg. $/sf	2012 #Sales	Median SP	Avg. $/sf
Cardiff	40	$821,500	$440/sf	14	$660,000	$417/sf
NW Carlsbad	63	$555,000	$306/sf	70	$585,000	$331/sf
SE Carlsbad	197	$695,000	$246/sf	227	$699,434	$256/sf
NE Carlsbad	57	$522,000	$238/sf	52	$539,950	$237/sf
SW Carlsbad	64	$732,500	$292/sf	121	$734,900	$278/sf
Carmel Valley	145	$900,000	$332/sf	210	$885,000	$336/sf
Del Mar	65	$1,271,000	$734/sf	62	$1,474,306	$693/sf
Encinitas	139	$750,000	$369/sf	175	$800,000	$373/sf
La Jolla	90	$1,909,164	$627/sf	122	$1,250,000	$569/sf
RSF	64	$1,850,000	$414/sf	91	$2,225,000	$441/sf
Solana Beach	26	$907,500	$496/sf	35	$1,100,000	$460/sf
Scripps Rch	117	$650,000	$257/sf	126	$687,000	$264/sf
W. RB 92127	163	$715,880	$257/sf	199	$705,000	$249/sf
RB 92128	135	$487,000	$255/sf	209	$505,000	$263/sf
RP 92129	112	$548,500	$264/sf	160	$555,000	$257/sf

Both of these pricing measurements are prone to bounce around with the smaller samples. The most impressive numbers are the increased sales, Y-O-Y:

SW Carlsbad: +89%

RB 92128: +55%

CV: +45%

RP: +43%

RSF: +42%

La Jolla: +36%

Those are incredible jumps in the affluent areas.  Apparently those with money are proceeding.