Zillow Local-Appreciation Guesses

Written by Jim the Realtor

November 20, 2024

It was in May that Zillow started guessing +1%-ish for local appreciation. Comparing their ‘typical home values’ from May to today shows a decline of roughly 2% in pricing in all zip codes over the last six months.

With sticky mortgage rates and a political circus for the ages, I’ll take it!

I’ll guess that we will get +5% in the first quarter of 2025, then back to Flat City.

NW Carlsbad – 92008

SE Carlsbad – 92009

NE Carlsbad – 92010

SW Carlsbad – 92011

Carmel Valley – 92130

Del Mar – 92014

Encinitas – 92024

La Jolla – 92037

Rancho Santa Fe – 92067

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