NSDCC January Sales

Jim's Take on the Market | North County Coastal

February 11, 2017

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3 Comments

Above: South Carlsbad in 1972. Below: How it looks now, with a multi-use hotel complex coming someday to the remaining dirt at bottom (hat tip THB!):

Almost all of the late-reporters have marked their January sales closed by now. Here is last month’s tally for detached-homes between La Jolla and Carlsbad:

NSDCC January Sales

Year	Number of Sales	Cost-per-SF	Median SP	Avg DOM
2013	185	$379/sf	$845,000	69
2014	182	$501/sf	$1,045,500	60
2015	165	$507/sf	$1,218,000	73
2016	168	$557/sf	$1,093,500	53
2017	162	$519/sf	$1,178,390	55

This is an area of 300,000+ people – as different neighborhoods get hot, prices are going to bounce around. Keep an eye of the number of sales; that’s where you would see a shift in buyer temperament.

Note: Most of these buyers knew Trump was going to be president when they made their decision to buy. From now on, our market stats should be reflecting the accurate Trump Effect, if any.

3 Comments

Shadash on February 11, 2017 at 10:10 am

Amazing how much dirt has accumulated in the lagoon over the years. It needs to be dredged out and made functional again. If not in 20 years there won’t be any lagoon left.
Just some guy on February 11, 2017 at 1:55 pm

Pfffffttt……..seeing how much blowback Caruso received to develop his shopping mall UNDER power lines…..then I can foresee this development being locked up in lawsuits for a looooooong time.

Granted that Caruso and city didn’t help their cause at all by acting so shady.
Just some guy on February 11, 2017 at 8:40 pm

@shadash

The enviro-tards would never allow dredging to happen.