There was a 17% increase in pendings this week, which is in line with last year when the last week of June was the high point for pendings in 2024. This week should be fruitful too. Here are new pendings this week to help demonstrate the...
The San Diego metro area is considered 'Warm' by realtor.com, but only because of the fantastic start we had this year. Our ranking among other metros is plummeting: Jan: #65 Feb: #72 Mar: #96 Apr: #132 My green arrow above points out how if it weren't for the hot...
Wow - the stack of unsold listings keeps rising, and now up to 612! Comparing to recent years: 2022: There were 15 weeks when the number of actives was between 400-500. 2023: Only three weeks when the standing inventory was just over 400. 2024: There were 28 weeks...
The number of homes for sale between La Jolla and Carlsbad is 15% above the highest count in 2024 - which was in mid-July. Where will we be next month? I thought many would be giving up by now, but instead more are pushing to get out. Are they aware of the difficulty,...
Last week I thought inventory might have peaked for the year? The dip from the previous week was all from high-end listings, some of which are now being refreshed and coming back on as new listings. Even though the lower-end inventory is rising steadily, at least the...
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...
