Compared to previous years, the detached-home sales between La Jolla and Carlsbad are holding up remarkably well.  With the significant increase in pricing, we can’t expect sales to equal previous Aprils, so 260 is pretty strong:

I’m sticking with my prediction of NSDCC 2018 sales dropping 10% YoY.

Here are the sales totals for January through April:

2013: 975

2014: 839

2015: 916

2016: 878

2017: 883

2018: 832 (-6%)

As long as we can keep generating millionaire buyers organically, or import them from a far (mostly retirees), we’ll be fine.

Jim the Realtor

Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!

See Full Bio