Hat tip to my sister Kathy for sending this in! Rancho Santa Fe is up to #18 with a 26% YoY increase in median sales price: https://www.propertyshark.com/Real-Estate-Reports/most-expensive-zip-codes-in-the-us
Sales and Price Check
SD North County, September
Thanks go out to Jerry Ryan, who publishes a monthly newsletter out of the goodness in his heart - giving us another look at the local stats. He circled in red (above) and I added a red arrow below that show how the inventory has been so different this year - and it...
San Diego Case-Shiller By Tiers
https://journal.firsttuesday.us/san-diego-housing-indicators-2/29246/ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ With the supply and demand so out of balance on the lower-end, it's incredible to see that the high-end is out-performing with faster...
San Diego Inventory & Sales
Most of the country is experiencing increases in their inventory, but not San Diego. This is why I think our frenzy could - and should - be as hot today as it was last year, but there just aren't enough homes for sale. The count of active listings is half of what it...
NSDCC September Sales
There might be a few stragglers left to report, but this gives us a good reflection of how the summer wrapped up after the frenzy started cooling in June: NSDCC September Sales Remember when sales prices were lower than list prices? The median sales price in September...
San Diego Pricing Momentum
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Speaking of Zillow, they also said in this June article that San Diego home prices would rise 24.7% by May. How are we doing? There has never been a great measuring stick for home prices, but let's look at the most common ones:...
Affluent Frenzy
The 3/4 Report! NSDCC Detached-Home Listings and Sales between Jan 1st and September 30 Year # of Listings # of Sales Median Sales Price # of Sales Over $2,000,000 2017 3,888 2,385 $1,230,000 459 2018 3,977 2,166 $1,320,000 464 2019 3,947 2,148 $1,320,000 478 2020...
NSDCC September Sales, Preliminary
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...
San Diego County Real Estate, August 2021
My favorite pet peeve of the media insisting that 'home prices' and market conditions are interchangeable with the direction of the median-sales-price made the front page of the newspaper today....
Inventory Shortage
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...