After the display of quarterly sales, reader ‘propertysearch’ asked about the pricing curve.

The cost-per-sf measurement is an imperfect tool when analyzing individual homes, there tends to be a complexity of other factors that weigh into the buying decision.  But here it charts the trend fairly well of the quarterly detached home sales from Carlsbad to Carmel Valley:

Was last quarter just a blip in the downward trend, or is the trend looking for the floor?


How much do the higher-end homes skew the chart?

Of the 506 houses that closed last quarter, 130, or 26% were over $1,000,000.

Below $1M = $309/sf

Above $1M = $533/sf

Maybe I should split them, and do two charts?


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