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

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

Inventory Watch – Similar to 2014

This season is looking a lot like last year, with some reluctance.  No flood of new listings, but buyers are more hesitant too:

Week
New Listings/New Pendings 2014
New Listings/New Pendings 2015
2nd in Feb
81/76
81/67
3rd in Feb
80/70
86/63
4th in Feb
88/71
83/64
Totals
249/217
250/194

The New Pendings coming in 10% under last year’s count isn’t a big deal, but it probably means that we won’t be seeing a full frenzy in 2015.

Over the last five weeks the big RSF auction had skewed some of the inventory averages below because they had it listed on the range $10,000 – $36,000,000.

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

Posted by on Mar 2, 2015 in Inventory | 0 comments

Inventory Watch – Cooking

Buyers are hitting the streets in full force now. We’ve had 60+ new pendings for three weeks in a row, which hasn’t happened since July. Of the 63 new pendings this week, eleven had been on the market less than 7 days, and eight had been on the market for more than 100 days.

It appears that list-price averages are going to stay above $400/sf. Remember when Carmel Valley sales averaged $330/sf for a couple of years!

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

Read More

Posted by on Feb 23, 2015 in Inventory, Jim's Take on the Market | 0 comments