The Zillow 1-Year Forecasted Values are down 1-2 points from their previous guesses last month, but still very strong. This is their third consecutive month with similar forecasts: NW Carlsbad, 92008: SE Carlsbad, 92009: NE Carlsbad, 92010: SW Carlsbad, 92011: Carmel...
Will my sale end up being a fluke, or are these prices sustainable? It will depend on how the homes are sold. This is another pending sale that will likely close above $3,000,000 too:...
When my listing of 1463 Paseo de las Flores hit the open market on October 18th, there had been three other properties that were providing guidance on price. The monster 7,277sf home at 519 Samuel had been in escrow for almost two months, and 628 Lynwood had been...
The seller of our new listing in Encinitas Ranch has been discussing a move for six months. He contributed his decision to sell now primarily to what he read here on the blog. Specifically, that what appears to be a frenzy slowdown is NOT reflective of the market...
Sometimes it's easy for homeowners to make the decision to move, and for others it takes careful deliberation to come to the right conclusion - and it's relative to how much they love their home, and if they can do better. It took months of discussion to decide to let...
For those who are looking for a project, this is about as good as it gets these days around Village Park:
The developer paid $4,900,000 cash for this site in 2020, so he must have had some assurance from the Encinitas City Council/Planning Commission that he could build his 72-unit apartment house here. It appears that expanding La Costa Avenue to four lanes will be...
This just sold for full price ($8,986,000) cash:
The tax man will love this one. The old property-tax basis was $81,068! The lot size of the comp across the street was 8,900sf, and this one was 9,600sf:
The trend of paying over the list price is increasing. NSDCC Detached-Home Sales, % Closed Over List Price January: 38% February: 43% March: 53% Most sellers and agents are happy just to get 1% to 5% over list which will cover some or all of the commission. There were...
