The fourth quarter of 2015 didn’t show any surprises – sales and pricing are rumbling along. Del Mar had a statistical pricing slump, but if you look at the median cost-per-sf ($601/sf, $627/sf, $617/sf), it helps to smooth out the bumps in a super-custom area:
Number of Sales/Avg Cost-per-SF
Town or Area | ||||
Cardiff | ||||
Carlsbad NW | ||||
Carlsbad SE | ||||
Carlsbad NE | ||||
Carlsbad SW | ||||
Carmel Vly | ||||
Del Mar | ||||
Encinitas | ||||
La Jolla | ||||
RSF | ||||
Solana Bch |
Statistically, these markets look fine.
30-year jumbos back to 3.625% on Bankrate.
Game on!