We're only three days into October so there will still be more reporting in the coming days....but September sales are pouring in! We had 52% more sales than we had last year in the La Jolla-to-Carlsbad market! NSDCC Detached-Home Sales, September: Year Sept. # Sales...
It's October! The La Jolla-Carlsbad market had an incredible September, with sales up 43% YoY, and the median sales price was +10%! We'll have another 20-30 sales reported in the coming days too. NSDCC Detached-Home Sales, September: Year Sept. # Sales Med SP Med $/sf...
For the second month in a row, 100% of the agents surveyed around San Diego County reported increased pricing, month-over-month. Sales are likely to slow over the next few months due to fewer homes for sale (see the 16.7 drop in Home Listings index) which is...
The impending 'upgrade' of the MLS starts today at noon, and last until Monday. It will screw up my stats for usual Inventory Watch on Monday morning, so here's a mid-week preview. Today there are 491 NSDCC detached-homes in escrow, which the highest number I've...
Sales has been robust over the last couple of months, and the national pending-home-sales index above shows how we're just making up for lost time. We don't have a local PHSI, so let's look at how the NSDCC closed sales for 2020 have compared to last couple of years:...
Here is the recent history of August sales of detached-homes between La Jolla and Carlsbad: August, Year # of Sales Median Sales Price 2013 324 $953,750 2014 246 $1,050,000 2015 278 $1,030,000 2016 288 $1,199,500 2017 279 $1,245,000 2018 276 $1,320,000 2019 264...
We still have four days to go this month, so it looks like we'll be setting new monthly sales records again, just like last month (even with a covid asterisk): Town or Area Zip Code # of Sales, 2019 Median SP # of Sales, 2020 (so far) Median SP Cardiff 92007 11...
A fun graph of each city's history of home prices:
Not only are there 92.7% more showings this year than on 2019, but this has to be the most people looking at homes for sale in the history of California! Has there been a surge of new inventory lately? Locally, the number of new listings has been normal: NSDCC New...
Mortgage rates hit an all-time low yesterday! Combine the improved purchasing power with the covid-delayed selling season and the lowest inventory in recent history, and we have full-blown frenzy conditions. Look at how July wound up: NSDCC July Sales & Pricing -...
