Comparing to the dreadful end of 2018 doesn’t tell us much, but at least we had a positive move between October and November – we’re almost back to where we were in September!
San Diego Non-Seasonally-Adjusted CSI changes:
| Observation Month |
SD CSI |
M-o-M chg |
Y-o-Y chg |
| January ’18 |
248.16 |
+0.8% |
+7.3% |
| February |
250.91 |
+1.1% |
+7.5% |
| March |
253.41 |
+1.0% |
+7.6% |
| April |
255.63 |
+0.9% |
+7.7% |
| May |
257.07 |
+0.6% |
+7.3% |
| Jun |
258.44 |
+0.6% |
+6.9% |
| Jul |
258.49 |
0.0% |
+6.2% |
| Aug |
257.32 |
-0.5% |
+4.7% |
| Sept |
256.13 |
-0.4% |
+3.9% |
| Oct |
255.26 |
-0.1% |
+3.7% |
| Nov |
253.37 |
-0.6% |
+3.3% |
| Dec |
251.68 |
-0.7% |
+2.3% |
| January ’19 |
251.30 |
-0.2% |
+1.3% |
| Feb |
253.69 |
+0.9% |
+1.1% |
| Mar |
256.40 |
+1.1% |
+1.2% |
| Apr |
257.63 |
+0.5% |
+0.8% |
| May |
260.08 |
+1.0% |
+1.1% |
| June |
261.90 |
+0.7% |
+1.3% |
| July |
263.66 |
+0.7% |
+2.0% |
| Aug |
263.23 |
-0.2% |
+2.3% |
| Sep |
263.26 |
0% |
+2.8% |
| Oct |
262.56 |
-0.2% |
+2.7% |
| Nov |
263.18 |
+0.2% |
+3.9% |
There were times that our index was going up 1% per month, and now it’s around +1% per quarter which is a good pace for buyers – it’s not going up fast enough for them to feel they need to grab something quickly.
Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!
