August Sales

by | Sep 1, 2010 | Market Conditions, Sales and Price Check, Thinking of Buying?, Thinking of Selling? | 10 comments

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
    Jim the Realtor on September 1, 2010 at 10:30 am

    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
    a neighbor on September 1, 2010 at 10:56 am

    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?

  4. Jim the Realtor
    Jim the Realtor on September 1, 2010 at 12:09 pm

    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?

  5. The Blur
    The Blur on September 1, 2010 at 1:02 pm

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

  6. MostlyLurk
    MostlyLurk on September 1, 2010 at 2:24 pm

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

  7. osidebuyer
    osidebuyer on September 2, 2010 at 11:06 am

    any oceanside data?

  8. BrettInLJ
    BrettInLJ on September 2, 2010 at 11:21 am

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

  9. Jim the Realtor
    Jim the Realtor on September 2, 2010 at 11:23 am

    I’ll come back to both of those.

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

  10. Jinx
    Jinx on September 3, 2010 at 10:16 am

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

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