Local Home Sales, YTD

Forecasts | Jim's Take on the Market | North County Coastal | Sales and Price Check

October 3, 2018

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2 Comments

The California Association of Realtors predicted that statewide sales in 2018 would increase 1%, and the California median sales price would rise 4.2%.

My guess was for the San Diego County detached-home sales to drop 5%, and the median sales price to rise 5% in 2018. How are we doing?

Here are the detached-home sales and median price for the first nine months of the year in San Diego County:

SD County Detached-Home Sales, January through September

Year	Number of Sales	YoY Change	Median SP	YoY Change
2012	18,648	–	$375,000	–
2013	19,385	+4%	$450,804	+20%
2014	16,858	-13%	$497,250	+10%
2015	18,389	+9%	$527,000	+6%
2016	18,192	-1%	$555,000	+5%
2017	18,068	-1%	$600,000	+8%
2018	16,413	-9%	$641,000	+7%

It may seem like the sky is falling, but we should just appreciate how great we’ve had it over the last few years, and accept that we’re going to have fewer sales from now on. Here are the stats for La Jolla-to-Carlsbad:

NSDCC Detached-Home Sales, January through September

Year	Number of Sales	YoY Change	Median SP	YoY Change
2012	2,322	–	$825,000	–
2013	2,554	+10%	$945,000	+15%
2014	2,183	-15%	$1,028,564	+9%
2015	2,405	+10%	$1,085,000	+6%
2016	2,345	-2%	$1,165,000	+7%
2017	2,385	+2%	$1,230,000	+6%
2018	2,161	-9%	$1,320,000	+7%

It’s going to be harder to sell your home.

Get Good Help!

2 Comments

Rob_Dawg on October 3, 2018 at 9:12 am

> It’s going to be harder to sell your home.

No, it’s going to be harder to command top dollar. That’s not the same thing.
Jim the Realtor on October 4, 2018 at 8:58 pm

No, it’s going to be harder to command top dollar. That’s not the same thing.

True, and thanks for the clarification. It’s rare that we make the distinction!