Last month we had sales and pricing move higher again - the resilience of our market is incredible! Year # of Sales Median SP Avg. $$-per-sf Median DOM 2012 289 $821,000 $380/sf 36 2013 362 $943,500 $416/sf 16 2014 269 $950,000 $465/sf 20 2015 298 $1,122,500 $491/sf...
Here are the histories, and forecasts, of our local Zillow Home-Value-Index for each area: They are forecasting flat or declining prices in three of our larger areas - and they are also predicting a drop-off in values as the selling season will be getting underway in...
The first third of 2019 has been better than expected. Sales are only 6% below the average for the last five years, and the median sales price hasn't dropped much: NSDCC Sales, January - April Year # of Sales Median SP Median DOM # of Listings 2015 920 $1,130,000 25...
More data released today on pricing trends, and though San Diego didn't make this chart, we're probably in the normal range with Los Angeles because our Case-Shiller indicies have been similar (+1.8% vs +1.1% YoY in SD). Interesting that they call San Francisco...
There are more soundbites about sales and pricing being down overall, but the market for detached-homes between La Jolla and Carlsbad is hanging in there. There was an extra business day this year, and there will be more sales reported over the next few days - if...
Rich's latest data is up at www.piggington.com. He mentioned the slightly-negative turn in pricing last month, but I like these two graphs above. The pricing trend is going to bounce around - as long as we have sales counts close to previous years, we'll be fine.
This interactive graph shows how our monthly sales this year may be less than they were in 2018, but look great compared to previous years. June has been the peak month for sales in each of the last five years - it's go time right now!
It looks like San Diego County is #1 among the higher-end locations! We're probably at the top of the Too-Nice-To-Leave list too, which helps - and should keep our market stable. If sellers can't get their price this year, they will wait-and-see what next year will...
Ryan is seeing it in Sacramento about the same as we see it here. The market is active but statistically the pricing has been fairly flat - it could be worse! Check out his latest blog post here:...
The NSDCC closed sales got off to a hot start in 2019! But by March 4th, pendings had stalled and were 19% under last year’s total. Now that stall pattern is playing out in the March closings too: NSDCC Detached-Home Sales, Year-Over-Year Changes: Year 2018 2019 %...
