North County Appreciation 2006-2020

by | Aug 28, 2020 | Jim's Take on the Market, North County Coastal, Why You Should List With Jim

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!

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