Pricing Vs. Peak

Written by Jim the Realtor

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July 13, 2013

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2 Comments

Yesterday we saw that NSDCC detached homes sold in June averaged $453/sf, up 23% year-over-year – and getting close to peak pricing.

Here is a comparison from this year to last year, and to 2006, using the larger May 1-to-June 30 period to increase the sample sizes:

Average $/sf for Detached Homes Sold May 1st-June 30th

Town or Area	Zip Code	2006	2012	2013
Cardiff	92007	$598	$431	$480
NW Carlsbad	92008	$452	$351	$401
SE Carlsbad	92009	$328	$251	$296
NE Carlsbad	92010	$321	$228	$281
SW Carlsbad	92011	$358	$278	$314
Del Mar	92014	$846	$671	$745
Encinitas	92024	$412	$340	$435
La Jolla	92037	$820	$638	$691
W Oceanside	92054	$363	$267	$330
Poway	92064	$596	$389	$494
RSF	92067	$669	$442	$458
Solana Beach	92075	$596	$389	$494
S. San Marcos	92078	$291	$200	$234
N. Vista	92084	$313	$175	$236
RSF	92091	$551	$375	$504
PB/MB	92109	$803	$470	$580
Bay Park	92110	$450	$360	$425
Clairemont	92117	$438	$296	$355
University City	92122	$440	$357	$386
West RB/4S Ranch	92127	$340	$253	$294
Rancho Bernardo	92128	$329	$257	$293
Rancho Penasquitos	92129	$330	$245	$303
Carmel Valley	92130	$390	$323	$371
Scripps Ranch	92131	$354	$259	$308
All Above		$398	$293	$348
SD County		$376	$241	$291

Encinitas is the only area that is above their 2006 level, but others are approaching. Carmel Valley, Rancho Bernardo, Rancho Penaquitos, and Bay Park are all within 10% of 2006.

2 Comments

jimmie on July 13, 2013 at 10:57 am

Encinitas and Leucadia is a WONDERFUL place to live and raise a family. Much better than cookie cutter carmel valley with some “strange” neighbors mixed in
Thaylor Harmor on July 14, 2013 at 7:59 am

How long before builders ramp up and start satisfying demand? Are we going to see more apartment conversions? (Is that what happened in the complex at the corner of Cannon/Faraday?)