Menu
TwitterRssFacebook

An Insider's Guide to North San Diego County's Coastal Real Estate
Jim Klinge, broker-associate
858-997-3801
klingerealty@gmail.com
Compass
617 Saxony Place, Suite 101
Encinitas, CA 92024
Klinge Realty
More Links

Are you looking for an experienced agent to help you buy or sell a home? Contact Jim the Realtor!

Jim Klinge
Cell/Text: (858) 997-3801
klingerealty@gmail.com
701 Palomar Airport Road, Suite 300
Carlsbad, CA 92011


Posted by on Mar 11, 2019 in Contests, Jim's Take on the Market, Spring Kick | 13 comments | Print Print

Padres Contest Winner!

Padres’ Tickets Contest – Guesses Under 800:

740 – Doughboy

755 – Neil

777 – Bb

785 – Recordsclerk

799 – TominLaCosta

Even if a few more are added in the coming days, Bb is our winner – congratulations!  (Bb, contact me for tickets)

Today’s count:

NSDCC New Listings Jan 1 to Feb 28 (as of March 11th):

2018: 783

2019: 767

There was enough concern about how the market wrapped up in the second half of 2018 that I thought we could see more sellers getting an early start in 2019.  But there’s no panic – we didn’t even list as many homes as we did in the first two months of 2018, let alone more.

13 Comments

  1. I’d like to blame the weather for my epic miss. I’d like to but I cannot. I really thought SALT shock and an awakening of the cash-out 55+ crowd would push the listing numbers hard at prices not set to move.

    That said, this feels a lot like my losing the coffee bet. Just a little too early but correct on calling the trends.

  2. at prices not set to move….

    Oh, you mean those 462 NSDCC active listings over $2,000,000?

    We closed 38 of those last month.

    That said, this feels a lot like my losing the coffee bet. Just a little too early but correct on calling the trends.

    Agree. I’ll send you a consolation prize. 🙂

  3. > I’ll send you a consolation prize.

    Earlier this year I spent a night on the beach at Hotel Del with the doors open listening to the surf. I don’t need a prize at this point. The fun of a contest these days is where it is at not where it leads.

    38 of 462 per month is 12 months on market. Not healthy. I should mention an exception. Lots of top 10% properties aren’t listed to sell or at least sell now. My La Jolla sister listed a property on the East Coast in September with no intention of selling until the “buying season” April-May (for them) this year. That’s how they do it there. It looks more like that’s what may be happening on the Left Coast. There are test listings and selling listings.

  4. How many guesses were there?

    And, what was the average and the median?

    Curious about the bulls to bears ratio.

  5. 740 – Doughboy
    755 – Neil
    777 – Bb
    785 – Recordsclerk
    799 – TominLaCosta
    825 – Haile
    838 – Eddie89
    845 – Joe
    845 – B
    858 – Marc
    864 – Wes
    866 – BWell_SoCal
    889 – Rob Dawg
    903 – Esteban
    910 – Drew
    1,017 – Rob
    1,050 – Ron

    Median = 845
    Average = 857

    Did home improvements get delayed due to the rain, and more sellers will surface later?

    Are sellers waiting and seeing too?

    Do sellers care about market conditions?

  6. Today’s count for number of listings between Jan 1 – Feb 28: 768

    Today’s count, YTD: 953

    We listed 24% of the two-month total in the last 12 days! They are coming now!

  7. > We listed 24% of the two-month total in the last 12 days! They are coming now!

    Yup, just like last time I was just a tiny bit early.

    Good time to be an agent. More supply means a higher likelihood of matching willing buyers and sellers.

  8. Yup, just like last time I was just a tiny bit early.

    If the contest would have been six days longer, you would have won.

  9. Only six days? Okay, I will blame the weather. 😉

    I may still make it to a Red Sox or Dodgers game there this year.

    Aug 23-28 is three days Red Sox then three Dodgers. Maybe Sun & Mon one of each. It surprised me that Padres home tix are more expensive the BoSox equivalents.

  10. The Padres ticket cost vs quality of play has to be the worst in the history of sports

  11. Thanks JtR. I think most people are pessimistic on the real estate market now, and that number set shows it.

    But it’s really not that bad and also definitely not very good. Many are watching and waiting for a recession but it might be that this time flatsville is our current flavor of recession.

Leave a comment

Your email address will not be published.