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...
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 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:...
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...
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...
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....
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...
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...
These guys are predicting a very similar market in 2022, and it will depend on the inventory. If we have the same number of listings (or fewer, which I think is probable), their 24.7% increase is in the bag. From the U-T: San Diego home prices will maintain their...
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!
San Francisco leads the 50 largest U.S. metros in the share of homes sold for 30% over their list price or higher at 7.4%. It’s followed by the hot market of Buffalo, NY, where 6.2% of homes sold for more than 30% over list, and Austin (5.3%). All shares in these...
