Another wild bidding war! This one was in Del Mar, but on the far north end off San Dieguito Dr. which isn't the prime Del Mar village area (though close physically). Usually it's the creampuffs that attract all the interest and offers, but in this case it was a...
2021
Top Markets in 2021
Zillow Survey Predicts Austin will be the Nation's Hottest Housing Market, Leading a Sunbelt Surge More affordable metros are replacing expensive coastal areas as top drivers of home value growth -- A panel of economists and real estate experts expect Austin to...
Chasing The Market
The term 'chasing the market' usually applies to sellers in a down market when they don't lower their price fast enough to get ahead of the new listings coming on that are under-cutting them. The reverse is also true about home buyers in a hot market. Those in the...
Sold 3x $10,000,000
Since 2017, there have been 15 RSF sales over $10,000,000, and this house accounts for three of them! It's a remarkable record that is unlikely to be broken: April 2017: $10,600,000 December 2017: $10,850,000 January 2021: $10,850,000 It's also a reminder that the...
Get Good Help!
Have you been thinking about getting a great realtor to help you buy a home, but feel loyal to your Aunt Bea or a friend who just started in the business? This story is for you. We received five offers on our new listing over the weekend. The lowest offer was...
NSDCC Sales 2020
Let's do a final round-up of the 2020 numbers: NSDCC Annual Sales & Pricing Year # of Sales Median Sales Price Median DOM # of $2M+ Sales 2013 3,083 $949,000 41 392 2014 2,904 $1,020,000 47 434 2015 3,104 $1,090,000 47 491 2016 3,104 $1,160,000 47 523 2017 3,088...
Inventory Watch
The contest for guessing the number of listings in January is now closed. We are running about 20% behind last January's count, so the few sellers who are willing to brave the early-2021 market will do nicely. We had 31 showings and five offers on our new listing...
Sellers Be Ready
The worst thing for home sellers is to be unprepared for the immediate reaction from buyers. Those who haven't sold a home in years will sign a listing agreement and settle in for what they expect will be a few months of marketing and showings until that nice young...
24 Showings Booked
The seven showings of our new listing yesterday went well. People generally show up on time and understand the predicament that the demand is overwhelming the supply. We've received two offers, and we are way over list price already. There tends to be some standing...
Immediate Buyer Demand
Our new listing hit the MLS about 5:30pm yesterday. By 9:15pm, I received six requests to show it, and another three requests before 8am this morning! https://www.zillow.com/homedetails/4743-Crater-Rim-Rd-Carlsbad-CA-92010/79572379_zpid The zestimates and Redfin...