It's early, and the final September sales count will probably wind up around 260 or so, which was normal in the 2013-2017 era. However, the pricing is nuts! The median sales price is 4.5% higher than the median list price! If there were more homes for sale, nobody...
The NSDCC Monthly Sales were hopped up in April and June of this year, but are now getting back in line with previous years. Is the demand 'cooling off', or is it because we don't have enough homes for sale? NSDCC Listings & Sales Year June Listings July Listings...
The reason for breaking down the active and pending listings by zip code is to give the readers a closer look at their neighborhood stats. Our Big Three - Carmel Valley, Encinitas, and SE Carlsbad - continue to carry substantially more pendings than active listings,...
This year, we are ahead of both of the previous years in total sales, in spite of having 14% fewer listings - and prices being 30% to 40% higher! NSDCC Listings & Sales, Jan 1 to Aug 31 Year # of Listings Between Jan 1 - Aug 31 # of Sales S/L % Median SP 2019 3,585...
The higher-end sales between Carlsbad and La Jolla were fairly consistent through 2020 - then they exploded this year, with the $2,000,000+ sales totaling more than double the counts of previous years!
And only three for sale under $1,100,000! It's not the end of the world, though. It's not even the end of homes for sale under a million - there will be others. But it is the velocity of the frenzy that is astonishing. Detached-Homes For Sale Under $1,000,000 Between...
The number of NSDCC first-half sales are 15% higher than the 2017-2019 average number of sales, and THE MEDIAN SALES PRICE IS +32% YoY: NSDCC Sales, Jan 1 to June 30 Year # of 1H Sales Median SP # of Sales Over $2M Over $2M/Total Sales % 2017 1,585 $1,225,000 292 18%...
Random thoughts: Having 130 NSDCC homes in June sell for $100,000+ over list price should be an all-time record. If we had half that many, it would be astonishing! But those were decisions made in April and May. It feels like the market is in the deceleration stage,...
We're still waiting for that flood of inventory! NSDCC May Listings and Sales Year # of Listings Median LP # Sales Median SP Avg. $/sf Median $/sf 2017 507 $1,370,000 345 $1,200,000 $525/sf $418/sf 2018 522 $1,399,450 273 $1,325,000 $592/sf $480/sf 2019 502 $1,450,000...
Hey Jim - did you say home prices went up 9% in one month? No, the NSDCC median sales price went up 9%, and there's a difference. Here's a look at the mix of homes between La Jolla and Carlsbad that sold in their respective months: Month, Year Total # of Sales Avg SF...
