The sales count is dropping between La Jolla and Carlsbad, but it’s not surprising when you consider how much higher the pricing is, and the fewer homes being listed:
NSDCC 1st Quarter Stats
In 2017, we had 25 closings over the last two days of March, so if we add that same number to this year’s count plus late reporters, we should end up with around 550 sales for 1Q18 – which is incredible, given the bump in pricing AND the record-low number of houses listed.
The only year between 2007 and 2012 that didn’t have 1,400+ listings in the first quarter was 2012, which still had 1,270. We’re going to be lucky to get up to 1,200 this year.