The Zillow guesses on local appreciation over the next 12 months have gotten more optimistic.
I added their previous guess from November in paratheses next to the zip codes, and the change in their typical home value over the last 12 months (in green). In 2024, the actual was far better than their guesses!
NW Carlsbad – 92008 (+0.2%)
Last 12 months: +5%
SE Carlsbad – 92009 (+2.4%)
Last 12 months: +6%
NE Carlsbad – 92010 (+0.3%)
Last 12 months: +6%
SW Carlsbad – 92011 (+0.2%)
Last 12 months: +5%
Carmel Valley – 92130 (+0.5%)
Last 12 months: +9%
Del Mar – 92014 (+1.9%)
Last 12 months: +6%
Encinitas – 92024 (+0.2%)
Last 12 months: +4%
La Jolla – 92037 (+1.8%)
Last 12 months: +3%
Rancho Santa Fe – 92067 (+0.4%)
Last 12 months: +6%
Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!