Let’s look closer at the individual neighborhoods, and compare annual sales and pricing between 2016 and 2017:
The velocity is slowing a bit from previous years. Of the 17 areas:
- Ten had fewer sales in 2017.
- Three had a lower cost-per-sf in 2017.
- Three had a lower median sales price in 2017.
Rancho Santa Fe had the cost-per-sf and median sales price dip slightly, but the annual sales were up 13%. NW Carlsbad had sales, cost-per-sf, and median SP all go down.
The current market conditions are very positive, especially on the lower-end of North San Diego County’s coastal region.
Of the houses listed under $1,500,000, there are 151 actives and 167 pendings, which is fantastic. The market of houses listed over $1,500,000 is more sluggish, with 493 actives and 102 pendings.
Get Good Help!
We’re still number uno!
I realize, back in the past administration, setting rules for the stock market wasn’t a priority. Getting it going up was the major concern. But now that we’re moving along, Trump needs to wade into that swamp and bring these market maker’s to heel.
Trader’s cried back in the day when stocks moved at 5 cent increments, and now that they can shave pennies, I’m seeing major trading stocks with a 50 cent spread!
That means, if you buy into a stock with that spread for $1000, you’re automatically down $500 the moment you hit “buy.”
A setup like that means the system is so rigged, nobody’s watching the store. It’s time to start choke-chaining these miscreant market makers, and the banks who pet them.
The banks are essentially out of chemo, they’re generally cancer free, but they’re still acting like “bubble boy.”
Needless to say, I’m tweeting Trump about this…