Two-thirds of 2016 is complete – how did we do?
Our local NSDCC market is comprised of 59,119 single-family residences between La Jolla and Carlsbad (according to our MLS tax rolls). Last year we only sold 3,024 of them, and the way 2016 is going, we will sell fewer this year, in spite of all-time record prices!!
Here is how the first eight months compare for each year – there will be a few extra added to the 2016 totals. You will notice how remarkably consistent our market has been!
There have been 2% more listings this year than in 2015, and sales declined 5%.
When things were just starting to unravel in 2006, there were 4,602 listings between January and August – I think our bubble conditions are in check.