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Posted by on Jul 14, 2017 in Jim's Take on the Market, North County Coastal, Sales and Price Check | 0 comments | Print Print

NSDCC Year-Over-Year

In the last post we saw that the median sales price for San Diego is up 11.2% year-over-year.  Let’s check the individual areas between Carlsbad and La Jolla, using the combined May/June Y-O-Y data for larger sample sizes:

Area
# of Sales
Median Sales Price
Chg
Avg $$/sf
Chg
Cardiff
15/19
$1,607,500/$1,420,000
-12%
$669/$710
+6%
Carlsbad NW
31/46
$930,000/$912,400
-2%
$432/$497
+15%
Carlsbad SE
106/128
$971,000/$1,011,500
+4%
$348/$365
+4%
Carlsbad NE
28/39
$729,500/$790,000
+8%
$345/$361
+5%
Carlsbad SW
59/61
$969,000/$1,100,000
+14%
$380/$399
+5%
Del Mar
33/30
$1,895,000/$1,850,000
-2%
$935/$826
-13%
Encinitas
104/100
$1,270,000/$1,237,500
-3%
$516/$564
+9%
La Jolla
72/76
$1,978,000/$2,309,000
+17%
$787/$879
+12%
RSF
61/56
$2,400,000/$2,260,000
-6%
$510/$482
-6%
Solana Beach
16/21
$1,210,000/$1,445,000
+19%
$642/$707
+10%
Carmel Vly
120/118
$1,123,500/$1,208,000
+8%
$409/$449
+10%
All Above
645/699
$1,200,888/$1,235,000
+3%
$502/$497
-1%

Comparing the sales counts is the best way to gauge the overall health of the market, and they are looking good in all areas.

Neither of the price metrics are that great, but in areas where both are heading in the same direction suggests a trend.

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