Many years ago, we purchased a home in Carlsbad, using a realtor that was recommended to us - Jim Klinge. Fast forward to 2025, we recently had the privilege of selling 2 homes in Carlsbad, CA and didn't hesitate to reach out to Jim and Donna Klinge of Klinge Realty Group to guide us through the sales. The transactions were very different, each with its own unique situation, opportunities and challenges. From start to finish, Donna and Jim helped navigate the pre-sale preparation, the listing, showing of the house, buyer negotiations, the final close and all of the paperwork and decisions in between. What stands out with both transactions is the professionalism of Jim and Donna (and their team), wonderful communication (timely, relevant, concise), their deep understanding of market dynamics (setting realistic expectations), their access to top-notch contractors, and last, their ability to guide us across the finish line successfully. We wouldn't hesitate to use Jim and Donna in the future and highly recommend them for anyone looking to buy or sell a property in North San Diego County.
HT to daytrip for sending this in – a partial answer to the question, “who is paying these prices?”
http://www.bloomberg.com/news/2014-02-14/chinese-join-winklevosses-in-l-a-luxury-home-hedges.html
I would say that what happens is the population that make the schools so desirable finds it too expensive and moves to new homes built inland typically (well at least in the L.A. area that seems to be the pattern).
I have seen school systems go from among the worst to among the best in just a few years.
It has a lot more to do with the students than the system IMO.
From my experience People with school age kids also would rather live in a SFH than a high density Condo project and they will move inland in necessary to find that IMO anyway.
Single or single parent different story.
I don’t think that going to change overnight (well not in socal at least) despite what the Talking heads say.
What do the lots look like at $484/sf?
The same as they did two years ago at $375/sf. Pure inflation.