The spring selling season has certainly been lively – there were healthy increases in the number of sales around most areas in 2Q12. But in the end it might just look like another bounce along the bottom for pricing, as measured by the average $/sf.
Here are the second-quarter detached sales, and average cost-per-sf:
|Town or Area|
|SE Carlsbad, 92009|
|SW Carlsbad, 92011|
|Carmel Vly, 92130|
If the 2012 market does the same as last year’s we should see it taper off from now until January.