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Posted by on Dec 19, 2013 in Actives/Pendings, Bubbleinfo TV, Encinitas, Jim's Take on the Market | 0 comments | Print Print

Encinitas McMansion

It’s probably just the holidays but there are a fair amount of the standard newer tract homes lying around these days.  The average pricing is grouped fairly close together between active and sold listings – it appears that buyers are just being very selective at what they are willing to buy now:

Encinitas Tract Houses Built since 1999 priced between $1M and $2M:

Active listings: 23 – with list prices averaging $366/sf

Pending listings: 9 – with list prices averaging $373/sf

Sold in last 90 days: 15 - at an average of $353/sf

Month’s supply: 4.6

Carlsbad Tract Houses Built since 1999 priced between $1M and $2M:

Active listings: 25 – with list prices averaging $353/sf

Pending listings: 12 – with list prices averaging $327/sf

Sold in last 90 days: 24 – at an average of $305/sf

Month’s supply: 3.1

Carmel Valley Tract Houses Built since 1999 priced between $1M and $2M:

Active listings: 24 – with list prices averaging $388/sf

Pending listings: 14 – with list prices averaging $392/sf

Sold in last 90 days: 26 – at an average of $376/sf

Month’s supply: 2.8

The sky isn’t falling, but buyers aren’t jumping at everything.  Here’s one that typifies – newer, larger, but with irritants: road noise, high fees, and smaller yard:

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