Here are the Zillow estimates of appreciation over the next year – all are back into positive territory! If they are reading it correctly, it means they will have more increases coming over the next couple of months before the appreciation rate relaxes during the off-season.
Their accuracy doesn’t matter – it’s their impact on today’s home buyers that counts:
NW Carlsbad 92008
SE Carlsbad 92009
Encinitas 92024
La Jolla 92037
Rancho Santa Fe 92067
https://www.zillow.com/research/may-2023-home-value-sales-forecast-32643/