Here's the preliminary data of detached-home sales for August between La Jolla and Carlsbad. By the time we're done, the count should be 270 or so: Year # of Sales Avg SF Avg. $$/sf Median SP Avg DOM 2012 298 3,255sf $381/sf $865,000 77 2013 324 2,782sf $437/sf...
Wondering why you can drive for blocks and not see a for-sale sign? 1 out of 172! http://nypost.com/2017/09/02/are-we-headed-for-another-housing-collapse/ An excerpt: NAR’s Fears points to a number of trends: First, homeowners are staying in place longer, limiting the...
September should be a productive month, as the motivated sellers and buyers make a late push to get something done before the holidays: Week New Listings New Pendings Jul 24 86 61 Jul 31 90 75 Aug 7 99 71 Aug 14 76 65 Aug 21 83 62 Aug 28 96 60 Sept 4 74 71 With 74 new...
A key point here is that the local neighborhood experts gave them no chance of selling for the price they wanted, even after making improvements. It sold for full price, on the first day: Many thanks to our clients for doing this!
On the Facebook bubbleinfo, in response to the idea that the bubble won't be bursting, Matt asked 'what constitutes the big stagnation when it happens'. My response: The Big Stagnation? You'll know it when you see it. We used to consider 6 months' of inventory...
On Your Last Transaction...... The percentage of properties selling below asking price remained flat from last year at 36%. The percentage of properties selling above asking price increased from 34% last year to 35%. The percentage of properties selling at asking...
