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Those in the hunt for a house have noticed how tough the inventory has been.  How bad is it?

If you don’t mind spending $2,000,000 or more, there are plenty of choices – in fact, there are 344 NSDCC houses for sale listed at or above $2,000,000.

It’s the lower ranges that are really suffering.

Here are the counts of houses listed for sale at or under $1,000,000:

City or Area
Houses For Sale Under $1,000,000
Avg. LP-per-sf
Carlsbad
107
$341/sf
Carmel Valley
12
$414/sf
Encinitas
11
$404/sf
La Jolla
6
$635/sf
Del Mar
5
$584/sf
Solana Beach
4
$661/sf
Cardiff
2
$496/sf
RSF
0
0
Total
147
$396/sf

For an area with a population of 300,000, that’s not much meat on the bone!  The only choices for buyers are uncomfortable too:

1. Figure out how to go higher in price.

2. Consider fixers or condos.

3. Go further out.

4. Wait, and hope it gets better.

December is the slow month for new listings.  The last two Januarys have had the 5th and 6th highest new-listing counts of the year.  Here is how we stack up to previous years:

January New Listings

2011: 515

2012: 409

2013: 410

2014: 413

2015: 230 (so far)

When is the best time to sell? When everyone else isn’t!

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