Would you like some guidance on what to expect in the Spring Selling Season?
Let’s monitor how many new NSDCC listings are hitting the market!
If the negative media hype is starting to worry sellers, they will hurry up and list their home early.Β If we see a surge of new listings in the first two months of the year, it means a buyers’ market is forming.
If we have about the same or fewer listings in early 2019, then sellers will just shrug off any concerns and wait their turn.
Here are the counts of listings inputted onto the MLS in January and February from the last few years:
NSDCC New Listings, Jan & Feb
Year | |||
2012 | |||
2013 | |||
2014 | |||
2015 | |||
2016 | |||
2017 | |||
2018 |
The average is 813 listings, and with the last two years both being lower, it would take a significant YoY increase to worry most participants. But at least we’ll know first!
Put your guess in the comment section of how many new listings we’ll have in January and February, and on March 15th we’ll see who is closest.
The winner will get four tickets to a Padres game! The photos here were taken from the seats, and I’ll have about ten dates available.
Here we go – first post from Doomer Diana:
https://www.cnbc.com/2019/01/02/home-sellers-lower-prices-further-signaling-buyers-market.html
We don’t need to gauge the number of sales yet – we know they are going to be sluggish as buyers wait-and-see where these negative soundbites take us.
But what will sellers do?
I’m thinking that sellers will want to cash out and go home, somewhere other than California!
NSDCC New Listings, Jan & Feb; 838
Go Padres! π
Jan=913
Feb=1017
Rob – 1,930?? That’s a full meltdown!
The blog would be on fire if it happens – everyone would want an explanation.
Oops misread
Jan/Feb = 1017
Still believe a meltdown is in the horizon. Figure a lot of homes that dropped off the radar or been hanging out to dry in 2018 are going to renew their listings early this year. Buyers need a solid reason to buy other than a home is an investment and prices go up forever. Throw in the likelihood Trump shuts down the border even for a few days and San Diego is going to suffer a blow that will take years to come back from.
799
My kids are convinced the Padres are landing Syndergaard, Kluber and have a good shot at Harper. I’ll be happy if they don’t raise the price of beer!!
Players the Padres have been linked to in rumor
Seems slow as molasses so I’m going with 15% uptick from Dec and guess 845.
Was in Fenway this October for the hoisting of the ALCS banner. Season before that was in the right field bleachers (Fenway) when Papi slammed a line drive that bounced on the warning track and landed about 20 rows back straight at us.
Any of those tix for Red Sox? π
new listings weβll have in January and February
889
955
Quad digits by May and then a tapering.
My kids are convinced the Padres are landing Syndergaard, Kluber and have a good shot at Harper.
Except none of those guys want to play for the Padres.
We’ll never pay enough to get the big guns, and any trades would be like the last Kemp deal where we get a bloated aging star past his prime plus had to give up Yasmani Grandal plus two of our prospects. Kemp got paid $13 million for two years of service, and hit .265 – and the Padres still haven’t sniffed the playoffs.
Go figure this one:
https://www.mlbtraderumors.com/2018/11/padres-sign-garrett-richards.html
Any of those tix for Red Sox? ?
The Red Sox will be here for one weekend, Aug 23-25!
https://www.mlb.com/padres/schedule/2019-08
Wednesday Rock Blogging – the Beat Farmers are playing this Saturday for $25!
https://bellyupsolanabeach.frontgatetickets.com/event/13gbzrkw5hn0r656
I remember when they used to play at the Bachannal and Country Dick would walk on the tabletops back to the bar!
785
I’m gonna say we have a slight pick up Jan/Feb but nothing crazy. 864 average. You didn’t specify each month guess or an average. But went with average as that’s what you used in the chart.
I didn’t make it clear.
The combined total of listings inputted Jan 1 – Feb 28.
For those who are curious, the breakdown last year was 425 in January, and 357 in February.
Okay then that’s my 889.
845
1050
903
825
Iβd honestly like to thank everyone bracketing my guess so close. Now if I win there won’t be any complaints that JtR likes me best.
755 – in honor of the real home run champ. I donβt think sellers are going to get the prices they want and buyers are going to balk at rates/payments/prices. Letβs hope for lower rates! Which just might happen if the economy continues to slow down. Happy New Year!
777
910
As of Jan 14th:
755 – Neil
777 – Bb
785 – Recordsclerk
799 – TominLaCosta
825 – Haile
838 – Eddie89
845 – Joe
845 – B
864 – Wes
889 – Rob Dawg
903 – Esteban
910 – Drew
1,017 – Rob
1,050 – Ron
Dawg’s tiebreaker is 427 and 462 for each month. We need a tiebreaker from the two who both said 845!
For the first ten days of the year:
2018: 145
2019: 150
I might be one of these spring sellers…
I think you are going to see people trying to get out now for all of the reason’s we’ve heard (peak of the market, GTFO of California, downsize, etc, etc)
925
Put me down for 866
I’ll say 858
The final tally:
755 β Neil
777 β Bb
785 β Recordsclerk
799 β TominLaCosta
825 β Haile
838 β Eddie89
845 β Joe
845 β B
858 – Marc
864 β Wes
866 – BWell_SoCal
889 β Rob Dawg
903 β Esteban
910 β Drew
1,017 β Rob
1,050 β Ron
Dawgβs tiebreaker is 427 and 462 for each month. We need a tiebreaker from the two who both said 845!