NSDCC First Quarter Comparisons

by | Apr 15, 2024 | 2024, Jim's Take on the Market, North County Coastal, Sales and Price Check, Why You Should List With Jim | 1 comment

The first quarter of 2024 is the only 1Q in recent history to have increases in BOTH the number of listings AND the median list price. Previously, increases in pricing had a corresponding dip in the number of listings available for buyers to consider.

If you are like me, you’ve seen a noticeable surge in seller optimism in 2024. It’s not just the median list price that is up 8%, doesn’t it seem like everything is $200,000 higher than last year?

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Jim the Realtor
Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!
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1 Comment

  1. Shadash
    Shadash on April 15, 2024 at 10:44 am

    Irrational Exuberance
    https://en.m.wikipedia.org/wiki/Irrational_exuberance

    But, after watching the price of groceries almost double in 2-3 years. Home prices might just be inflation.

    Or, maybe both. Either way (or both) not good for the economy.

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