The pendings line is barely noticeable on the graph above because it mirrors the 2024 line closely. The number of pendings dropped because so many sales are closing - there have already been 43 NSDCC closed sales in January, and we should exceed last January's count...
On December 9th, there were 401 active listings bertween La Jolla and Carlsbad. Today there are 298 actives. It would be natural to think that the reason the count dropped so much was that sellers were cancelling their listings in preparation for a new approach in...
Virtually everyone is reluctant to predict the future of the real estate market. Even most realtors will throw their hands up and declare, "Who knows?". But around here, one fact has been clear and it tells us what we need to know about the rest of the year. The...
In 2024, we had more drama than usual. The Big Three: Hotly-contested election. Commission debacle. Mortgage rates that were supposed to come down, but didn't. Any one of those could have derailed the real estate market, but instead we survived just fine: NSDCC Annual...
We're going to start the new year with about 17% more houses for sale than we did in 2024. They will be joined by other failed listings from the past, and the inventory will most likely be rising faster than normal. The first inventory count of 2024 was 255 homes for...
Last week there were 386 NSDCC active listings, and today there are 343 - a difference of 57. Impressively, there were 25 listings that were marked as 'pending' in the last week! But it also means that a load of the unsuccessful sellers of 2024 will be back early next...
The was the Inventory Watch report in mid-December last year: Today's report: The NSDCC median list price today is $3,895,000. (It was higher than $4M until April 15th this year). There are 22 houses for sale priced under $1,500,000 between La Jolla and Carlsbad. The...
Some of the active home sellers aren't detecting any reason to stop trying. With 45 new listings in the last week, we're back up to 401 NSDCC houses for sale - what off-season? If you haven't cancelled your listing by now, you're plowing through Christmas and into the...
My Reasons Why NSDCC Inventory Will Surge in 2025: 1. Been trending that way - there has been 15% more NSDCC homes for sale this year than in 2023. 2. Since October 1st, there have been 90 more listings that cancelled than last year. They'll be back! 3. Prop 19 was...
Holy cow - it's December! The Spring Selling Season starts on January 4th - just 33 days from now! It will be here before we know it! The number of active listings is dropping fast now, and is getting closer to last year's count (373 vs 340). There were 452 actives...
