NSDCC 1Q Listings & Sales

by | Apr 19, 2022 | Jim's Take on the Market, North County Coastal, Sales and Price Check | 1 comment

The drastic drop in inventory seems devastating, but check out the closed sales:

NSDCC Number of Listings & Sales, First Quarter

Year
NSDCC Total 1Q Listings
Median List Price
1Q Closings
Median Sales Price
2018
1,230
$1,592,500
569
$1,323,000
2019
1,277
$1,575,000
536
$1,290,000
2020
1,082
$1,712,500
572
$1,420,500
2021
985
$1,899,000
663
$1,800,000
2022
704
$2,595,000
504
$2,418,000

Last year was an exceptional frenzy with 663 sales in the first quarter, but look how this year compares to previous years. The 1Q sales in 2022 are fairly close to those in 2018-2020, in spite of fewer choices!

1 Comment

  1. Jim the Realtor
    Jim the Realtor on April 19, 2022 at 9:25 am

    One explanation is that in the 2022 frenzy, there isn’t a need to ‘refresh’ listings.

    Could it be that there were hundreds of refreshed listings previously, and now there are virtually none?

    Yes – in my spare time, I’ll go back and check!

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