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...
Since October, I've been blabbing on and on how there were several reasons why the pent-up supply was finally going to bust loose in 2025. If you want to sell your house this year, you better get on it. It's more than just an isolated or local thing. Look at the stats...
It appears that we are experiencing a surge-like event - the NSDCC actives count today is 411. Last year, the count didn't hit 400 until mid-May! In the last three weeks, the total number of pendings has risen by 8, 4, and 4 per week. You think it's sluggish now, wait...
The surge of active listings in January got a boost from last year's unsolds coming right back on the market. Since then, the flow has moderated and looks somewhat sustainable if it stays at this pace. It's fairly easy to describe the NSDCC market today. The lower-end...
I counted 32 NSDCC houses for sale on the Compass private exclusives list that aren't on the MLS. They aren't well-organized - just a one-liner list for the whole county - and they are mostly homes being prepared for market, or tenant-occupied, or old listings that...
Thanks for the comments this week! For some historical perspective, let's review the recent change in inventory. Bill Clinton signed the new law in 1997 that allowed sellers to take up to $500,000 in tax-free profits, and it set off a local moving spree that lasted...
I somehow didn't hit the Publish button on Monday morning! The pendings are tracking right along where they were during the same time period in each of the last two years - even though there are about 20% more homes for sale today. It sure makes you think that many...
Bill provides a ton of relevant data and it helps show how the real estate trends reflect the human condition - the same things are happening everywhere: I've been thinking that there will be 15% to 20% more inventory this year, but so far the flow has been subdued...
