It’s been ten years since the bottom of the market.
Let’s see how the annual median-sales-prices of detached-homes have changed:
|Town or Area|
- Everywhere’s a million!
- Most areas had their median sales price rise more in the second half (2014-2019).
- The number of sales is very impressive, given the run-up in pricing (we had 2,781 sales in 2018).
- Pricing in the Ranch has averaged +1% per year, which proves we can live with flat pricing for 5-10 years.
- Encinitas is less like Carlsbad and more like its ritzy neighbors to the south. Maybe it’s the culture?