It's obvious this year that the market is tough and sellers aren't able to demand everything they want like before. It will probably cause more sellers to cancel sooner, and others to not try at all. The inventory count may hover around 500-ish for a couple of more...
The assault on the record book continues! We have the most homes for sale since before covid - when pricing was less: Yet, 500+ homeowners are scoffing at those gains - they want more! The $0 – $2,000,000 Market: Date NSDCC Active Listings Avg. LP/sf Avg. DOM # of...
Of today's 156 pendings, there are 100 of them that are priced Under-$3,000,000, which would make you think the inventory struggle might be a higher-end thing. But as you can see below, the number of active listings Under-$3,000,000 keeps climbing and is well ahead of...
It looks like the tariff distractions might be behind us? The number of pendings increased for the second week in a row, and the number of active listings actually declined! It might just be a break for Mother's Day though, and there should be a steady increase of...
Another 82 new listings between La Jolla and Carlsbad hit over the last week. It's the highest weekly total since July, 2021. Today there are 524 NSDCC active listings - the most in 5+ years! The flow has been fairly orderly though. The number of pendings increased...
There are 501 active listings today between La Jolla and Carlsbad. The number of homes for sale in every price category are at their highest levels of the year, with the Under-$2,000,000 category rising from 59 to 74 actives (+20%) in the last week. The high point in...
The world was rocked by tariff talk on April 2nd. The number of actives and pendings were already fighting to stay in line with last year, but look at the changes that began in April. Has the selling season ended prematurely, and it will feel like the off-season for...
We have more higher-end active listings than any time in 2024 - and it's only April! Will the accompanying sluggishness turn into a slugfest? Probably not. Sellers are reluctant to lower their price now because it's too early in the season. Maybe in a month or two,...
The tariff tirade may be dissipating, but the effect on mortgage rates will probably last for months. Higher rates add more sluggishness to an generally-overpriced market but sellers are committed to exploring their price discovery in April. We'll see if loosens up in...
The March new listings in the San Diego metro area look good with our 12.7% being one of the lowest national increases year-over-year (above). But after a few months of this, the unsolds are starting to stack up: Buyers don't seem to mind, and for them it can only get...
