And only three for sale under $1,100,000!
It’s not the end of the world, though.
It’s not even the end of homes for sale under a million – there will be others.
But it is the velocity of the frenzy that is astonishing.
Detached-Homes For Sale Under $1,000,000 Between La Jolla and Carlsbad, 2nd Week of August:
2018: 115
2019: 101
2020: 33
2021: 0
Leading up to 2020, the market was balanced, orderly, and behaving about like you’d expect. Buyers were critical, and there were plenty of homes not selling.
Then a virus hits, and blows the roof off!
