Due to another glitch in the SDAR MLS, the sales prices are missing the last three numbers on the NSDCAR listings that sold this week (so much for data-sharing!): The first 13 are in the sales count, but I took them out of the pricing statistics here: The July sales...
Jim’s Take on the Market
SD Case-Shiller, May
San Diego Case-Shiller Index, Non-Seasonally-Adjusted The buyer enthusiasm in 2025 was about half of what it was in 2024. The May reading is the first double-aught month, with both MoM and YoY logging in zeros, and it sure looks like it will be the peak of the year....
NSDCC July Sales, Preliminary
The pundits might make some noise about dropping sales but around here the pricing is holding up. Besides, the 2024 sales look like an outlier compared to the two previous years. Fewer sales are a sign of patient sellers, and unless there is a bulk dumping on prices...
Mid-Year Forecast
Our national real estate cheerleader at NAR, Lawrence Yun, has published his mid-year forecast. His original forecast for the 2025 Median Home Price was 2% originally, so his downgrade has cut it in half. I don't mind him having a revision, but doesn't his 2026 sound...
Inventory Growth Potential
Many thanks to Lance for providing more great data! It is very realistic that the inventory will be at much higher levels by this time next year - just from the amount of unsolds that will drag into the new year. Lower rates won't be enough to save all sellers - or...
Current Home Pricing
These graphs are updated on the first of the month so these are the latest numbers and they are interactive so you can scroll over to see the individual data. These are tracking the Coastal North region of SD County. You can see the average and median cost-per-sf is...
Half-Year Report
I asked a few local real estate professionals what they thought about the current market conditions, and where the market might be going. The two big title companies, First American and Fidelity (which insures 13-15 other title companies) said that the year-over-year...
Removing All Contingencies
The somewhat-stagnant marketplace should get interesting in the second half of the year. Buyers will sense an opportunity to make aggressive offers, and they might waive all contingencies to help offset their lower price. Can they still cancel the deal later? Q. If a...
Top 20%
The importance of hiring an experienced agent during tough times can't be overstated. Every agent can handle the easy deals in the absence of chaos and uncertainty. But the deals are going down harder than ever now. Buyers are gaining more control of the market every...
Leucadia New
These are as good as anything else at the beach! Plus a peek at a $3.2M in La Costa Oaks.