Over List

This is testimony to what works.

Carmel Valley is known to have plenty of drab, older tract houses that lack the snappy look that buyers expect when paying upwards of $2 million dollars.

But when a fully remodeled home comes on the market, buyers take notice.  There were multiple offers on this one, and it closed for $51,000 over its $1,699,000 list price. It is the highest price ever on this street by +11%:

Compass Culture Champions

Going to work at Compass came with expectations of high-tech, big-game, etc. on my part, but underneath it all has been a quiet and humble fit for us among the family of experienced agents who appreciate being on the right team.

All three recipients today (Donna on our behalf) mentioned how it felt like we are in the right place, at the right time with a brokerage who cares.

In one of the most curious things I have ever seen in my career as a realtor, Compass doesn’t award agents based on production. In truth, it kind of bugs me because competition is what drives me.

Instead, what is rewarded is those who champion the culture of being a team player, which is commendable.

You can probably guess that Donna had everything to do with this recognition, and it’s true.  She is the ultimate team player, and deserves to be recognized by the staff of Compass for this honor.  Thank you team!

Inventory Watch

It appears that buyers are being more patient in 2019 – the median days-on-market is 11 days slower this year:

NSDCC Detached-Homes Sales Between Jan 1 – Apr 10

Year
# of Sales
Median SP
Median DOM
2018
660
$1,310,112
17
2019
617
$1,293,691
28

I had three different couples at open house yesterday who told me that if their home would just sell, they’d be in position to buy!

Hopefully we’ll see a surge in the next 1-2 months now that Tiger won.  Speaking of Tiger, the San Diego Case-Shiller Index has risen 246% since he won his first Masters in April, 1997.

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125 Best Places to Live in the USA

Are you thinking of moving?

According to the U.S. News & World Report, there are 35 towns in America that are better than San Diego!  And 33 of them are cheaper!

Austin, Texas is #1, with Denver, Colorado Springs, Des Moines, Portland, Seattle, and Raleigh/Durham all in the Top Ten.

Check out the full list here:

https://realestate.usnews.com/places/rankings/best-places-to-live

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