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...
In 1Q25, there were 410 sales - which was +8% YoY! There are 419 NSDCC active listings today. This probably reflects the normal optimism, but with prices this high, you have to think that there are going to be a lot of disappointed sellers: The $0 – $2,000,000 Market:...
In light of the last blog post, let's direct a renewed focus on the differences between the higher-end and lower-end markets. I have all the data going back for years, so give me a minute and I'll split the presentations. But we can already anticipate what's coming...
The climb in the number of active listings between La Jolla and Carlsbad took a break and only rose by two. Here's how the actives and pendings compare to the last two years in mid-March: NSDCC Actives and Pendings, Mid-March The 25% YoY increase in the number of...
