Month: April 2023

San Diego Case-Shiller Index, Feb

For those who like to look back fondly at ancient history and reminisce about what used to be, I present to you the local Case-Shiller Index. About the time that the market starts to sputter in mid-to-late summer, we will be getting the spring data that will look red...

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Del Mar Bluff Front

This 4,615sf home on a 50'x160' lot just closed for $13,000,000. The railroad tracks are in front of this property but not forever, and when they're gone the value will spike. The cliff is wide here so room for bluff failure. Click on full screen for maximum impact!

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Inventory Watch

We've already had 101 sales this month, and the weekly counts of new pendings have been solid. The NSDCC Under-$3,000,000 Market has 97 actives and 109 pendings! The median list price in the 3rd quartile is up almost $1,000,000 since the start of the year! Think what...

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NSDCC Spring Market Update

In this graph from two weeks ago we saw that there were 28% of the NSDCC detached-home sales in March that closed over their list price. Because it's one of my favorite ways to judge the market conditions, I did a check on the numbers for April so far: NSDCC April...

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