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carlsbad

Earlier in the year the NSDCC averages were touching $500/sf, but April finished at $448/sf.

It looks like the typical number of sales in May should be in the mid-200s, and last year’s 362 sales was a sign of how wild the frenzy was in early-2013.

NSDCC May Sales:

Year
# of Sales
Avg $/sf
Avg DOM
2010
249
$388/sf
69
2011
243
$383/sf
71
2012
289
$380/sf
75
2013
362
$416/sf
42
2014
250
$469/sf
39

If it weren’t for the short-sale fraud and those blog guys talking smack, the average pricing might have started rising in 2011 and 2012 – which would have mellowed the 23% increase over the last 24 months.

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