North County Appreciation 2006-2020

Jim's Take on the Market | North County Coastal | Why You Should List With Jim

August 28, 2020

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Our San Diego Case-Shiller Index is 10% above the previous peak of November, 2005.

But that covers the whole county, so it made WC Varones speculate that the appreciation in NSDCC was higher – as much as 30% to 40% above peak.

Our peak was later, so I searched the 2006-2007 time frame for tract homes so the second sale probably wasn’t a result of a major remodel. The sellers may have added new carpet & paint, or maybe a pool. But for the most part, they were selling the same home that they bought.

Here are examples:

Address	Previous Sale Price/Date	Recent Sale Price/Date	% Diff
3303 Corte Del Cruce	$932,500 – 5/11/07	$1,210,000 – 10/21/19	+30%
3313 Avenida Anacapa	$955,000 – 7/11/07	$1,427,000 – 7/1/20	+49%
3638 Sage Canyon	$970,000 – 4/20/07	$1,342,000 – 2/6/18	+38%
3411 Camino Corte	$975,000 – 7/10/07	$1,215,000 – 7/29/20	+25%
1186 Quail Gardens	$995,000 – 6/7/06	$1,296,000 – 8/14/20	+30%
3210 Avenida La Cima	$1,100,000 – 5/29/07	$1,388,000 – 6/21/19	+26%
7574 Circulo Sequoia	$1,167,500 – 6/12/07	$1,475,000 – 6/14/19	+26%
511 Paloma	$1,200,000 – 5/11/07	$1,400,000 – 4/9/19	+17%
13056 Seagrove	$1,200,000 – 6/1/06	$1,662,000 – 4/1/20	+39%
5816 Blazing Star	$1,250,000 – 4/25/07	$1,650,000 – 9/11/18	+32%
2433 7th St	$1,350,000 – 4/23/07	$1,785,000 – 3/5/19	+32%
4475 Philbrook Sq	$1,440,000 – 6/28/06	$1,850,000 – 7/2/19	+28%
13689 Winstanley	$1,037,000 – 11/5/07	$1,380,000 – 6/3/20	+33%

The average is +31%!

The last entry on Winstanley is the home I sold in June, and I’ll never forget it.

The seller – who had been reading the blog – had told me when he bought it in late-2007 that he expected to lose $100,000 but he wanted to make his wife happy. I told him to hang in there, and let’s see how it goes!