Inventory

Inventory Watch

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:...

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Inventory Watch

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...

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Inventory Watch

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...

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Inventory Watch

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...

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Inventory Watch

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...

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Inventory Watch

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...

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Inventory Watch

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...

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