Fewer houses are coming on the market, and sales are rising!

North NSDCC (Cardiff, Carlsbad, and Encinitas) Jan 1 – Feb 20:

More sales than new listings?? Will higher prices lure more potential sellers into the market? It hasn’t yet, even with Y-T-D sales prices up 6% to 13%, we’re seeing fewer, not more listings.

South NSDCC (La Jolla, Del Mar, RSF, SB and CV) Jan 1 – Feb 20:

Close, but not quite more sales than new listings – and this is an area where the average sales price was $1,584,000!