Another review of the August detached-home sales is in order, due to requests for a more complete list, but also to examine the Case-Shiller claim that San Diego prices have gone up 14 months in a row (non-seasonally adjusted), and a cumulative 11% in the last year:

Area – Zip Code 2009/2010 Sales % chg. 2009/2010 $$-per-sf % chg.
Cardiff
3/5
+67%
$468/$423
-10%
C-bad 92008
11/10
-11%
$345/$259
-25%
C-bad 92009
51/36
-29%
$254/$261
+3%
C-bad 92010
12/12
flat
$262/$246
-6%
C-bad 92011
21/21
flat
$317/$295
-7%
Del Mar
8/6
-25%
$543/$635
+17%
Encinitas
29/40
+38%
$374/$346
-7%
La Jolla
27/21
-22%
$623/$591
-5%
O-side 92054
23/15
-35%
$255/$260
+2%
O-side 92056
34/41
+21%
$202/$205
+1%
O-side 92057
46/34
-26%
$173/$191
+10%
O-side 92058
10/9
-10%
$206/$172
-17%
RSF 92067
10/9
-10%
$504/$397
-21%
Solana Bch
4/7
+75%
$608/$726
+11%
PB/MB 92109
6/14
+133%
$496/$513
+4%
West RB 92127
37/30
-23%
$264/$263
flat
RP 92129
34/33
flat
$271/$274
+1%
Carmel Valley
38/35
-8%
$327/$351
+7%
Scripps Rch
36/34
-6%
$266/$277
+4%
NSDCC
215/202
-6%
$373/$368
-1%
All SD Co.
1,857/1,678
-10%
$233/$247
+6%

Don’t put much stock, if any, into groups with 10 or fewer samples, and overall use any statistics with extreme caution (focus on the trends).

It looks like the mainstream media will continue to struggle with the plunging-sales-and-higher-prices whipsaw in the coming months. But look at Oceanside stats, not even on the lower-end has there been 11% gains in the last year. We’ll take a closer look at the Case-Shiller Index, but if I were you, I wouldn’t be betting in their futures parlour based on what you see on the street.

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