We have been having a surge in the market – the total pendings count went up a net 11% this week! The new-listings count slowed down too – see below (it was almost tied last week).
The inventory change was almost all on the low-end. There are 14 fewer active listings today, and 15 more pendings. In the area between La Jolla and Carlsbad, there are roughly 300,000 people, and today we only have 68 houses for sale listed under $1,000,000 – and NO houses under $665,000.
Have you joined the contest yet? Click here to register your guess of how many total listings we will have between Jan 1 and Feb 28 – the closest will receive four tickets to a Padres game!
NSDCC New Listings Jan 1 to Jan 22:
This will be the last week to enter the contest, or to revise your guess!
The 2019 total-listings count fell behind lately, which means potential sellers are in no rush to get their house on the market. Unless it was painfully obvious to them that the market is under siege (there’s no sign of that), then the list prices are going to hold – or possibly rise in the coming months. Three of the four inventory groups below have substantially higher list-price-per-sf than they did at this time a year ago!
"Jim and Donna Klinge are by far the most professional, personable and responsive realtors I have ever worked with. They provide VIP concierge level service in every area of the process of selling your home. My home was marketed so successfully that we received an offer the day after our first and only open house. Thanks to Jim's pricing and negotiating, our house is now the highest sold in our community... more "
by Ann Romanello
"Jim educated us, helped us find the perfect house, and then negotiated us a great deal. I would hate to be sitting across the negotiating table from ... more "
"Jim is thorough and will be brutally honest about the homes he shows you. He provides great service and follows through until the very end and even ... more "
"I highly recommend Jim as a buyer’s agent. Working with Jim, we closed this week on a San Diego condo. Jim prepared a list of comparable sales to ... more "