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).
NSDCC September Sales, Preliminary
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North County Coastal
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...
NSDCC July Sales
The median sales price of houses sold between La Jolla and Carlsbad last month was 13% lower than it was in June, which demonstrates how terrible it is for a gauge. Obviously, the houses sold are different each month. In July, there happened to be 35% more houses sold...
NSDCC Current Conditions
I try to investigate different ways to analyze the market data so readers can grab something pertinent that might help them make a better decision about their real estate needs. Here's today's attempt! July isn't done yet but you can see the trend: The high-end isn't...
NSDCC Second Half of 2023
This article gets into the usual topics for those trying to forecast the future: https://www.investopedia.com/what-housing-experts-anticipate-for-the-last-half-of-2023-7555067 Their experts think that mortgage rates will ease for the rest of the year, which will cause...
NSDCC Monthly Listings, May
They feel like the good old days but it was only 4-5 years ago that we could count on 200-300 listings priced under $2,000,000 to hit the market every month. It caused some complacency and pickiness among buyers, but now that the choices have narrowed so quickly,...
SP:LP Rebound
NSDCC SP:LP Ratio The hyper-frenzy days of a 109% ratio between the monthly median sales prices and median list prices are probably long gone....much like 3% mortgages! It is remarkable how the SP:LP ratio has bounced back. Buyers are paying the money if they find a...
Frenzy Monitor
The number of active (unsold) listings has been on the rise, and is now 13% higher than it was a month ago - though I would still characterize the current market conditions as steady. Compare your stats from this month to last June and July when higher rates had begun...
