The homes in the north coastal region from La Jolla to Carlsbad have always been relatively expensive.
Of the 1,052 houses for sale today, 81% of them are priced over $1,000,000.
(Take Carlsbad out, and 92% are priced over $1,000,000).
But only 51% of the 1,233 NSDCC house sales closed this year have been $1M+.
It gives us about a 7.5-month supply of homes for sale priced OVER $1,000,000, and a 1.8-month supply of homes priced UNDER $1,000,000.
Whether you are buying or selling, get good help!
What is this word? Bifurcation?
Where did you first hear it? 😉
That must be Rob Dawg!