San Diego Case-Shiller Index, Non-Seasonally Adjusted Month SD CSI M-o-M chg Y-o-Y chg Jan 22 384.13 +2.5% +27.2% Feb 401.44 +4.6% +28.9% Mar 416.45 +3.8% +29.9% Apr 425.90 +2.3% +28.5% May 427.80 +0.5% +25.2% Jun 424.83 -0.7% +21.6% Jul 414.03 -2.6% +16.5% Aug 402.48...
My only thought when seeing thas property was whether Kellen Winslow Jr would affect the outcome or if whether we are beyond that now. He bought his new for $2,871,000 in 2015 and had to cheap sell it for $2,850,000 in 2019 when he got into trouble. But even his house...
There are 27% more active listings today than there were last March - without much increase in the number of pendings - though the areas in red above are just as hot as they were last year at this time. Judging by the number of active (unsold) listings compared to the...
Above are the 2024 listings that have already closed escrow in Carmel Valley - it's very competitive. We're heading into a new era where buyer-agents will be appreciated less than ever, if at all. Consider this - in a bidding war where the sellers listing agent will...
Happy March! These are updated on the first of the month and are interactive: No real concerns there. The low volume causes the bumpy appearance, but for the most part, the pricing is fairly steady. If there were a downward trend for a few months, it would be...
This month's housing stats will benefit from an extra business day due to the leap year, but it will just be icing on the cake. The sales this month have already blown by last February, in spite of higher pricing. I think we can say that we're back to frenzy-like...
This year's inventory is looking a lot like last year, with a few more listings hanging around unsold. NSDCC Total Number of Listings, Jan 1 through Feb 20 2023: 355 2024: 395 How's the pricing? Here are the weekly quartiles for 2023 and 2024: It looks like the market...
Another good way to anticipate the market trends is to check the direction of the SP:LP ratio: NSDCC Monthly Sales and SP:LP Ratio Month # of Sales Median LP Median SP SP:LP Jan 2022 149 $2,099,999 $2,200,000 105% Feb 169 $2,099,999 $2,300,000 110% Mar 219 $2,384,000...
The comment section here isn't working - it's been weeks now!! I have decent people helping me so we'll keep trying. In the meantime, check the competition from the big-time corporate owners of real estate and how they go about selling homes:
The blip in active listings over the last week isn't too concerning and could just be from the weather. The count of active listings is a good indicator of the demand though. During the mega-frenzy conditions from late-2020 through early-2022, you can see that the new...
