Let’s look closer at the individual neighborhoods, and see how sales and average-pricing-per-sf have changed for detached-home sales that occurred in the March 1st-to-April 30th period:
Town or Area |
Zip Code |
2012 |
2013 |
2014 |
2YR % chg $/sf |
Cardiff |
92007 |
13/$475 |
18/$523 |
7/$799 |
+68% |
NW Carlsbad |
92008 |
44/$271 |
38/$359 |
34/$361 |
+33% |
SE Carlsbad |
92009 |
96/$241 |
106/$267 |
79/$315 |
+31% |
NE Carlsbad |
92010 |
17/$236 |
24/$275 |
19/$304 |
+29% |
SW Carlsbad |
92011 |
52/$271 |
54/$328 |
40/$361 |
+33% |
Carmel Vly |
92130 |
69/$318 |
115/$364 |
83/$407 |
+28% |
Del Mar |
92014 |
25/$680 |
29/$677 |
39/$713 |
+5% |
Encinitas |
92024 |
74/$371 |
85/$413 |
69/$528 |
+42% |
La Jolla |
92037 |
66/$554 |
66/$645 |
50/$740 |
+34% |
RSF |
67+91 |
37/$400 |
43/$452 |
39/$530 |
+33% |
Solana Bch |
92075 |
17/$424 |
24/$578 |
12/$657 |
+55% |
NSDCC |
All Above |
510/$361 |
602/$412 |
471/$481 |
+33% |
Poway |
92064 |
92/$252 |
90/$286 |
89/$321 |
+27% |
S. San Marcos |
92078 |
91/$197 |
90/$229 |
88/$260 |
+32% |
PB/MB |
92109 |
20/$454 |
41/$543 |
43/$603 |
+33% |
West RB |
92127 |
95/$253 |
97/$304 |
79/$310 |
+23% |
East RB |
92128 |
76/$256 |
112/$292 |
87/$322 |
+26% |
RP |
92129 |
78/$254 |
69/$291 |
62/$322 |
+27% |
Scripps Rch |
92131 |
47/$261 |
51/$291 |
54/$311 |
+19% |
A steady march upward – virtually every area has seen their average pricing rise 1% to 2% per month for two years solid.
We are back where we started – my first blog post from September 24, 2005: https://www.bubbleinfo.com/2005/09/24/20-25-appreciation-per-year-how-can-that-happen/