The active inventory of houses for sale under $800,000 has risen 20% in the last month – yet the other categories are fairly steady.
The UNDER-$800,000 Market:
Date |
NSDCC Active Listings |
Avg. LP/sf |
DOM |
Avg SF |
November 25 |
95 |
$376/sf |
47 |
1,988sf |
December 2 |
79 |
$371/sf |
50 |
2,047sf |
December 9 |
72 |
$383/sf |
43 |
1,954sf |
December 16 |
81 |
$378/sf |
42 |
1,948sf |
December 23 |
77 |
$374/sf |
49 |
1,937sf |
December 30 |
76 |
$373/sf |
51 |
1,950sf |
January 6 |
74 |
$370/sf |
49 |
1,995sf |
January 13 |
71 |
$381/sf |
44 |
1,921sf |
January 20 |
72 |
$384/sf |
41 |
1,877sf |
January 27 |
75 |
$399/sf |
40 |
1,891sf |
February 3 |
78 |
$409/sf |
41 |
1,876sf |
February 10 |
82 |
$395/sf |
38 |
1,927sf |
February 17 |
85 |
$387/sf |
35 |
1,929sf |
February 24 |
90 |
$383/sf |
37 |
2,008sf |
March 3 |
82 |
$397/sf |
39 |
1,942sf |
March 10 |
88 |
$377/sf |
37 |
2,008sf |
March 17 |
89 |
$366/sf |
34 |
2,038sf |
March 24 |
79 |
$369/sf |
34 |
2,031sf |
March 31 |
78 |
$367/sf |
39 |
2,069sf |
April 7 |
87 |
$373/sf |
32 |
2,054sf |
April 14 |
97 |
$380/sf |
31 |
2,000sf |
April 21 |
87 |
$377/sf |
32 |
2,062sf |
April 28 |
107 |
$379/sf |
29 |
2,044sf |
May 5 |
114 |
$376/sf |
27 |
2,046sf |
May 12 |
108 |
$385/sf |
31 |
2,012sf |
May 19 |
107 |
$385/sf |
0 |
0sf |
May 26 |
105 |
$375/sf |
34 |
0sf |
Jun 2 |
102 |
$376/sf |
36 |
0sf |
Jun 9 |
102 |
$377/sf |
37 |
0sf |
Jun 16 |
104 |
$369/sf |
35 |
0sf |
Jun 23 |
111 |
$380/sf |
34 |
0sf |
Jun 30 |
119 |
$376/sf |
36 |
0sf |
Jul 7 |
122 |
$387/sf |
36 |
0sf |
Jul 14 |
127 |
$388/sf |
34 |
0sf |
Jul 21 |
135 |
$381/sf |
36 |
0sf |
The $800,000 – $1,400,000 Market:
Date |
NSDCC Active Listings |
Avg. LP/sf |
DOM |
Avg SF |
November 25 |
245 |
$448/sf |
61 |
2,856sf |
December 2 |
239 |
$448/sf |
64 |
2,851sf |
December 9 |
226 |
$461/sf |
65 |
2,812sf |
December 16 |
211 |
$464/sf |
66 |
2,794sf |
December 23 |
197 |
$453/sf |
73 |
2,813sf |
December 30 |
173 |
$450/sf |
78 |
2,821sf |
January 6 |
170 |
$470/sf |
65 |
2,757sf |
January 13 |
168 |
$463/sf |
59 |
2,764sf |
January 20 |
174 |
$444/sf |
51 |
2,882sf |
January 27 |
166 |
$435/sf |
52 |
2,902sf |
February 3 |
165 |
$441/sf |
53 |
2,857sf |
February 10 |
175 |
$443/sf |
51 |
2,852sf |
February 17 |
180 |
$447/sf |
50 |
2,803sf |
February 24 |
188 |
$438/sf |
44 |
2,846sf |
March 3 |
202 |
$421/sf |
44 |
2,936sf |
March 10 |
215 |
$431/sf |
41 |
2,854sf |
March 17 |
223 |
$421/sf |
42 |
2,918sf |
March 24 |
217 |
$419/sf |
42 |
2,941sf |
March 31 |
223 |
$425/sf |
44 |
2,887sf |
April 7 |
224 |
$428/sf |
44 |
2,881sf |
April 14 |
233 |
$429/sf |
44 |
2,892sf |
April 21 |
237 |
$432/sf |
44 |
2,894sf |
April 28 |
240 |
$430/sf |
45 |
2,848sf |
May 5 |
272 |
$434/sf |
42 |
2,838sf |
May 12 |
269 |
$438/sf |
42 |
2,831sf |
May 19 |
275 |
$436/sf |
0 |
0sf |
May 26 |
276 |
$429/sf |
49 |
0sf |
Jun 2 |
270 |
$431/sf |
50 |
0sf |
Jun 9 |
292 |
$454/sf |
52 |
0sf |
Jun 16 |
299 |
$443/sf |
52 |
0sf |
Jun 23 |
304 |
$437/sf |
51 |
0sf |
Jun 30 |
304 |
$431/sf |
53 |
0sf |
Jul 7 |
307 |
$423/sf |
55 |
0sf |
Jul 14 |
297 |
$421/sf |
54 |
0sf |
Jul 21 |
310 |
$410/sf |
53 |
0sf |
The $1,400,000 – $2,400,000 Market:
Date |
NSDCC Active Listings |
Avg. LP/sf |
DOM |
Avg SF |
November 25 |
227 |
$580/sf |
81 |
3,692sf |
December 2 |
222 |
$588/sf |
85 |
3,653sf |
December 9 |
219 |
$586/sf |
87 |
3,636sf |
December 16 |
211 |
$593/sf |
88 |
3,627sf |
December 23 |
196 |
$601/sf |
94 |
3,581sf |
December 30 |
190 |
$597/sf |
100 |
3,591sf |
January 6 |
175 |
$595/sf |
97 |
3,594sf |
January 13 |
184 |
$600/sf |
92 |
3,590sf |
January 20 |
187 |
$589/sf |
83 |
3,663sf |
January 27 |
195 |
$589/sf |
80 |
3,649sf |
February 3 |
196 |
$573/sf |
78 |
3,730sf |
February 10 |
205 |
$583/sf |
76 |
3,687sf |
February 17 |
216 |
$582/sf |
72 |
3,729sf |
February 24 |
211 |
$584/sf |
77 |
3,744sf |
March 3 |
221 |
$585/sf |
78 |
3,761sf |
March 10 |
228 |
$585/sf |
77 |
3,740sf |
March 17 |
217 |
$584/sf |
75 |
3,744sf |
March 24 |
231 |
$584/sf |
73 |
3,742sf |
March 31 |
232 |
$569/sf |
71 |
3,750sf |
April 7 |
230 |
$569/sf |
71 |
3,753sf |
April 14 |
233 |
$564/sf |
69 |
3,748sf |
April 21 |
244 |
$563/sf |
67 |
3,780sf |
April 28 |
238 |
$566/sf |
66 |
3,757sf |
May 5 |
247 |
$571/sf |
61 |
3,746sf |
May 12 |
251 |
$559/sf |
64 |
3,782sf |
May 19 |
256 |
$562/sf |
0 |
0sf |
May 26 |
263 |
$552/sf |
69 |
0sf |
Jun 2 |
261 |
$561/sf |
69 |
0sf |
Jun 9 |
273 |
$566/sf |
70 |
0sf |
Jun 16 |
276 |
$571/sf |
70 |
0sf |
Jun 23 |
289 |
$581/sf |
70 |
0sf |
Jun 30 |
292 |
$594/sf |
72 |
0sf |
Jul 7 |
288 |
$588/sf |
74 |
0sf |
Jul 14 |
290 |
$590/sf |
72 |
0sf |
Jul 21 |
277 |
$578/sf |
74 |
0sf |
The OVER-$2,400,000 Market:
Date |
NSDCC Active Listings |
Avg. LP/sf |
DOM |
Avg SF |
November 25 |
340 |
$1,040/sf |
159 |
6,347sf |
December 2 |
330 |
$1,049/sf |
160 |
6,342sf |
December 9 |
318 |
$1,057/sf |
163 |
6,392sf |
December 16 |
317 |
$1,049/sf |
163 |
6,420sf |
December 23 |
302 |
$1,063/sf |
169 |
6,405sf |
December 30 |
285 |
$1,074/sf |
174 |
6,460sf |
January 6 |
285 |
$1,073/sf |
171 |
6,477sf |
January 13 |
295 |
$1,057/sf |
168 |
6,480sf |
January 20 |
297 |
$1,050/sf |
157 |
6,537sf |
January 27 |
307 |
$1,041/sf |
152 |
6,513sf |
February 3 |
297 |
$1,048/sf |
152 |
6,545sf |
February 10 |
315 |
$1,024/sf |
146 |
6,519sf |
February 17 |
315 |
$1,030/sf |
148 |
6,572sf |
February 24 |
314 |
$1,028/sf |
148 |
6,611sf |
March 3 |
309 |
$1,004/sf |
145 |
6,628sf |
March 10 |
316 |
$1,011/sf |
141 |
6,576sf |
March 17 |
329 |
$999/sf |
136 |
6,557sf |
March 24 |
331 |
$995/sf |
131 |
6,563sf |
March 31 |
336 |
$995/sf |
131 |
6,574sf |
April 7 |
345 |
$988/sf |
128 |
6,477sf |
April 14 |
349 |
$996/sf |
126 |
6,534sf |
April 21 |
353 |
$995/sf |
124 |
6,523sf |
April 28 |
366 |
$980/sf |
120 |
6,543sf |
May 5 |
379 |
$974/sf |
119 |
6,539sf |
May 12 |
388 |
$967/sf |
118 |
6,509sf |
May 19 |
390 |
$1,000/sf |
0 |
0sf |
May 26 |
393 |
$1,015/sf |
122 |
0sf |
Jun 2 |
395 |
$1,007/sf |
124 |
0sf |
Jun 9 |
398 |
$1,010/sf |
125 |
0sf |
Jun 16 |
397 |
$1,016/sf |
130 |
0sf |
Jun 23 |
417 |
$911/sf |
116 |
0sf |
Jun 30 |
416 |
$904/sf |
120 |
0sf |
Jul 7 |
411 |
$912/sf |
120 |
0sf |
Jul 14 |
419 |
$893/sf |
119 |
0sf |
Jul 21 |
424 |
$884/sf |
119 |
0sf |
Quite a few weeks with new listings in the triple digits, but new pendings are hanging tough:
Weekly NSDCC New Listings and New Pendings
Week |
New Listings |
New Pendings |
May 30 |
70 |
84 |
June 5 |
87 |
64 |
June 11 |
77 |
69 |
June 17 |
73 |
66 |
June 24 |
100 |
69 |
July 1 |
86 |
64 |
July 8 |
81 |
53 |
July 15 |
106 |
54 |
July 22 |
105 |
89 |
July 29 |
71 |
74 |
Aug 5 |
105 |
64 |
Aug 12 |
77 |
61 |
Aug 19 |
88 |
73 |
Aug 26 |
87 |
77 |
Sep 2 |
76 |
55 |
Sep 9 |
85 |
58 |
Sep 16 |
102 |
61 |
Sep 23 |
84 |
54 |
Sep 30 |
73 |
80 |
Oct 7 |
80 |
61 |
Oct 14 |
78 |
53 |
Oct 21 |
70 |
63 |
Oct 28 |
54 |
40 |
Nov 4 |
63 |
53 |
Nov 11 |
49 |
64 |
Nov 18 |
52 |
44 |
Nov 25 |
48 |
40 |
Dec 2 |
25 |
34 |
Dec 9 |
45 |
47 |
Dec 16 |
56 |
46 |
Dec 23 |
21 |
39 |
Dec 30 |
14 |
23 |
Jan 6 |
63 |
25 |
Jan 13 |
75 |
44 |
Jan 20 |
98 |
51 |
Jan 27 |
71 |
56 |
Feb 3 |
74 |
63 |
Feb 10 |
95 |
59 |
Feb 17 |
81 |
76 |
Feb 24 |
80 |
70 |
Mar 3 |
88 |
71 |
Mar 10 |
98 |
54 |
Mar 17 |
87 |
65 |
Mar 24 |
89 |
76 |
Mar 31 |
77 |
57 |
April 7 |
98 |
61 |
April 14 |
108 |
72 |
April 21 |
87 |
62 |
April 28 |
122 |
73 |
May 5 |
144 |
67 |
May 12 |
96 |
85 |
May 19 |
87 |
61 |
May 26 |
97 |
72 |
Jun 2 |
90 |
59 |
Jun 9 |
108 |
52 |
Jun 16 |
103 |
65 |
Jun 23 |
131 |
62 |
Jun 30 |
85 |
70 |
July 7 |
83 |
59 |
July 14 |
100 |
62 |
July 21 |
108 |
69 |
what is the average inventory for the last 10 years for July ?
No one keeps a history of the active-inventory counts, but Rich’s chart here shows the last few years:
http://www.bubbleinfo.com/2014/07/17/san-diego-in-june
Here are the counts of SD detached homes listed in July:
2004: 4,349
2005: 4,229
2006: 4,349
2007: 4,214
2008: 3,719
2009: 3,059
2010: 3,360
2011: 3,096
2012: 2,719
2013: 3,239
2014: 2,068 so far.
Last year we listed 1,029 during the last 10 days of July so this year we’re on pace to list about the same number of houses as last July.