The continued strength in sales and pricing is remarkable. We sold 360 houses between Carlsbad and La Jolla for more than $1,000,000 in the first quarter!

Year
Number of Sales
Median SP
Avg Cost Per SF
Avg. DOM
2012
577
$793,000
$362/sf
99
2013
672
$850,000
$386/sf
61
2014
581
$1,000,000
$503/sf
56
2015
613
$1,162,500
$509/sf
58

Since 2012, the median sales price has risen 47%, and the average $/sf has gone up 41%. Thank goodness for low mortgage rates!

mortgage rates april 2015

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