Obviously, this year isn't over but it's close - and we'll be lucky to hit 1,800 sales this year (there have been 22 sales closed in December so far). The identical Sales/Listings percentage over the last two years includes a blazing hot first half of 2022 so the...
North County Coastal
November Graphs
Let's look at the graphs that were updated with November's data today: About 50,000 people live in Carmel Valley, 92130, and only seven houses sold there last month? The pricing is holding up for the few who do sell: The wildest frenzy period was from Spring, 2021 to...
An Inventory Surge?
While a surge in inventory next year would help to change the market dynamics, there isn't any hard evidence of it happening yet: How many would be considered a surge? If the number of new listings rose 10% or even 20%, would anyone notice? Probably not. Using these...
Seller vs Buyer Markets
A columnist reflected on history to help measure whether it's a seller's market, or a buyer's market. I like it! House-hunting’s transformation includes several market trends including people moving less often, consumers accessing detailed market info, near-instant...
Covid Buyers Now Selling
Could there be trouble brewing under the surface? Are there home sellers scrambling to get out with whatever money they can? Maybe get just enough net proceeds for the family to have a steak dinner at closing? It was like that last time.....but it's different now....
NSDCC October Sales
There have already been 101 detached-home sales close this month between La Jolla and Carlsbad! With five business days left in the month, plus the late-reporters, it means we should match last October's count of 133, and maybe even approach last month's 153 sales. Of...
NSDCC September Sales, Preliminary
We're having another amazing month, and should get close to 150 sales! The pricing appears to be holding up nicely too (and more evidence that July's collection of lower-priced sales was an anomaly).
Five-Year Sales History
Here are each year's sales counts for the January-through-August time frame. It shows the extraordinary 2021 sales numbers in most areas! But if you thought getting back to the numbers we had in 2019 would feel normal, we're not there yet. In fact, most areas are well...
Short-Term Rental Policies
The Natalie dance video collection is taking forever to upload! While we wait, let's cover the short-term rental policies in North County: Unpermitted short-term rental units have accounted for most of the reported code compliance violations throughout the North...
Plateau City
This is what it feels like in Plateau City. It's a little bumpy but the pricing looks range-bound. Sales cool off towards the end of the year - even during the frenzy. Surprisingly, last month might end up being the best of the year for sales, and the market should...