NSDCC January Sales

by | Feb 11, 2017 | Jim's Take on the Market, North County Coastal | 3 comments

Above: South Carlsbad in 1972. Below: How it looks now, with a multi-use hotel complex coming someday to the remaining dirt at bottom (hat tip THB!):

Almost all of the late-reporters have marked their January sales closed by now.  Here is last month’s tally for detached-homes between La Jolla and Carlsbad:

NSDCC January Sales

Year
Number of Sales
Cost-per-SF
Median SP
Avg DOM
2013
185
$379/sf
$845,000
69
2014
182
$501/sf
$1,045,500
60
2015
165
$507/sf
$1,218,000
73
2016
168
$557/sf
$1,093,500
53
2017
162
$519/sf
$1,178,390
55

This is an area of 300,000+ people – as different neighborhoods get hot, prices are going to bounce around. Keep an eye of the number of sales; that’s where you would see a shift in buyer temperament.

Note: Most of these buyers knew Trump was going to be president when they made their decision to buy. From now on, our market stats should be reflecting the accurate Trump Effect, if any.

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Jim the Realtor
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3 Comments

  1. Shadash
    Shadash on February 11, 2017 at 10:10 am

    Amazing how much dirt has accumulated in the lagoon over the years. It needs to be dredged out and made functional again. If not in 20 years there won’t be any lagoon left.

  2. Just some guy
    Just some guy on February 11, 2017 at 1:55 pm

    Pfffffttt……..seeing how much blowback Caruso received to develop his shopping mall UNDER power lines…..then I can foresee this development being locked up in lawsuits for a looooooong time.

    Granted that Caruso and city didn’t help their cause at all by acting so shady.

  3. Just some guy
    Just some guy on February 11, 2017 at 8:40 pm

    @shadash

    The enviro-tards would never allow dredging to happen.

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