The late-reporters will add about 10% to these numbers, but it looks like the overall sales will continue their downward trend.  When you drill down to the individual zip codes, it’s a mixed bag, but good to see 92067 slip under $400/sf for the third time this year. 

Detached sales for August, Year-Over-Year:

Area – Zip Code ’09/’10 Sales % chg ’09/’10 $$/sf % chg
Carlsbad 92009
51/33
-35%
$254/$256
+1%
Carlsbad 92011
21/17
-19%
$317/$293
-8%
Encinitas 92024
29/37
+28%
$374/$349
-7%
Del Mar/Solana
12/13
+8%
$564/$684
+21%
RSF 92067
10/9
-10%
$504/$397
-21%
CV 92130
38/34
-11%
$327/$352
+8%
NSDCC
188/166
-12%
$336/$344
+2%
All SD
1,857/1,556
-16%
$233/$247
+6%

10 Comments

  1. Jim the Realtor

    The national, 30-year fixed-mortgage rate (FRM) slightly decreased from a week earlier, setting a new record low average of 4.26%, according to the Zillow Mortgage Marketplace weekly update. This is down 0.03% from last week and 0.02% below the previous record low.

    Regionally, 30-year rates vary, but the majority of states witnessed a deflation. Most large states saw a decline in rates: California’s current rate of 4.28% is down from 4.3% last week; Texas’ at 4.23% is down from 4.28%, and Massachusetts’ at 4.26% is down from 4.27%.

  2. a neighbor

    How is it that the price per square foot number for Encinitas and Rancho Santa Fe are almost the same? Is this just a one month deal?

  3. Jim the Realtor

    The RSF statistics have been coming down all year, but it is a small sample group. But sales are few, only the best values are going to move.

    Here is a comparison of active detached listings:

    92067 – 279 listings avg. $690/sf
    92024 – 178 listings avg. $521/sf

    Nine sales last month when there are 279 choices?

  4. The Blur

    I’m also noticing more cancellations – as you predicted, Jim.

  5. MostlyLurk

    I wonder what others think is causing the drop in PPSF in RSF, especially in relationship to the rise in PPSF in Del Mar.

  6. osidebuyer

    any oceanside data?

  7. BrettInLJ

    Do you have the data for 92037 (La Jolla)?

  8. Jim the Realtor

    I’ll come back to both of those.

    The MLS deleted 92037 yesterday, for some reason. It is back in play today.

  9. Jinx

    I’d like to see Oceanside too, if you find the time.

Klinge Realty Group - Compass

Jim Klinge
Klinge Realty Group

Are you looking for an experienced agent to help you buy or sell a home?

Contact Jim the Realtor!

CA DRE #01527365CA DRE #00873197

Pin It on Pinterest