Menu
TwitterRssFacebook
More Links

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

Carlsbad
(760) 434-5000

Carmel Valley
(858) 560-7700
jim@jimklinge.com


Category Archive: ‘Inventory’

Inventory Watch

I was gone over the weekend – thanks for a couple of days off!  The action remained hot and heavy, with 109 new listings, and 80 new pendings in the last seven days.  It was the first time since July that we had 100+ new listings three weeks in a row, but nobody is giving it away.

Of the 80 new pendings, only twenty of them sold in less than seven days – the average DOM was 40 days.

Click on the link below for the complete NSDCC active-inventory data:

Read More

Posted by on May 18, 2015 in Inventory, Jim's Take on the Market | 0 comments

Inventory Watch

In line with the previous post, several good-looking-and-retail-priced listings were marked pending on Mother’s Day!  Ninety percent of the action is under $2,000,000 though – above that is a whole different ballgame.

Click on the link below for the complete NSDCC active-inventory data:

Read More

Posted by on May 11, 2015 in Inventory, Jim's Take on the Market | 0 comments

Inventory Watch

We had the biggest week of the year so far – 112 new NSDCC house listings since last Monday. Could it be a sign of more inventory to come?

Probably not – the same reasons for ultra-low inventory are still in place. But a three-week rally would be appreciated before we hit the graduation season!

Click on the link below for the complete NSDCC active-inventory data:

Read More

Posted by on May 4, 2015 in Inventory, Jim's Take on the Market | 2 comments

Inventory Watch

The Inventory Watch should be where we’ll see any indicators of market trouble.  But today’s inventory is 6% less than a year ago, with only the $800,000 – $1,400,000 category higher (244 vs 240 listings).

A growing inventory would mean sales are slowing, but we’re selling more houses this year than last year.  In the first four months of 2014, we sold 838 NSDCC houses, and we’ve already closed 824 this year with four days to go plus late-reporters!

The 2015 average cost-per-sf is higher too: $432/sf vs. $415/sf last year.

Click on the link below for the complete NSDCC active-inventory data:

Read More

Posted by on Apr 27, 2015 in Inventory, Jim's Take on the Market, North County Coastal, Sales and Price Check | 1 comment

Inventory Watch

If you get the feeling that the 2015 market has been a lot like 2014, it’s because it has been, statistically.  Using the NSDCC data gathered below, here are the new actives and new pendings from the first 15 weeks of each year, and the number of house sales closed in the first quarter:

Year
New Actives
New Pendings
1Q Solds
1Q Avg $/sf
2014
1,282
900
581
$502/sf
2015
1,263
903
614
$509/sf

Are we at a pause before climbing higher?  Plateau City?  Or are we at the crest of the roller-coaster??

Click on the link below for the complete NSDCC active-inventory data:

Read More

Posted by on Apr 13, 2015 in Inventory, Jim's Take on the Market, North County Coastal, Sales and Price Check | 3 comments

Inventory Watch

Mortgage rates on Friday dropped back to 3.62% (avg. jumbo was 3.57%!), which should help fuel the final Spring Kick of the selling season. The end of the school year is within sight, and there are lots of lookers. My listing on Monroe in Old Carlsbad was shown steadily for the first three weeks on the market, but no offers. Then we got three over Easter weekend!

Click on the link below for the complete NSDCC active-inventory data:

Read More

Posted by on Apr 6, 2015 in Inventory, Jim's Take on the Market, Spring Kick | 0 comments

Inventory Watch

This past week produced a nice pop on the low-end inventory, where we went from 69 to 84 active listings under $800,000 – a 22% increase!  But only 14 of those houses are between La Jolla and Encinitas – the rest are in Carlsbad.  We had 84 new pendings too – the most since mid-May of last year!

Click on the link below for the complete NSDCC active-inventory data:

Read More

Posted by on Mar 23, 2015 in Inventory | 0 comments

NSDCC Listings Count

We keep thinking that higher prices will lure more sellers into the game, but the trend continues.  Though we are at new-peak prices virtually everywhere in North San Diego Couty’s coastal region, folks are staying put. Here are the number of new listings that hit the MLS between January 1st and March 15th:

Year
# of New Listings
Median List Price
2012
1,039
$956,990
2013
1,042
$1,149,000
2014
1,029
$1,295,000
2015
1,011
$1,329,000

If greed won’t get people to sell, what will? It appears that we have refined our relationship with real estate – that our house is more important than money.

Posted by on Mar 18, 2015 in Inventory, Jim's Take on the Market | 17 comments