How did your area do last month, and for the first eight months of the year? It would be sufficient to just keep close to 2017, which was a good year for sales: Town or Area Zip Code Aug17 Aug18 Jan-Aug17 Jan-Aug18 Cardiff 92007 7 8 49 39 NW Carlsbad 92008 23 20 147...
Hat tip to Rob Dawg who sent in this example of what's happening in most markets - lower-end prices are holding, and it's softer in the higher-end markets. But because the higher-end sellers typically have more horsepower, and aren't going to 'give it away', prices...
The NSDCC sales in May and June were down 20% YoY, but July and August bounced back nicely this year. We had 11 more sales in July this year, compared to July, 2017, but there was one extra day in 2018. How did we do in August (which had the same number of business...
We saw the NSDCC sales in May and June be 20% fewer than they were in 2017. We had 11 more sales in July this year, compared to July, 2017, but there was one extra day in 2018. How are we doing so far in August? Can we just hang close to the mean this month, have a...
Our buyer traffic in July, 2018 was the same as September last year. It looks like the selling season ended sooner than usual? Note that buyer traffic improved in October and November last year, which might translate through to August and September of this...
These are through May, and though all three are at new record levels, we should see the usual year-end leveling the rest of the way:
It may feel like a slowdown, but houses are still selling! By the time every agent reports their July sales, we should be up to at least 275 sales for 2018: NSDCC July Sales Year July # of Sales Avg. $$/sf Median Sales Price Avg. Days on Market 2014 271 $451/sf...
Pricing around San Diego slows down towards the end of the year - this isn't the first time, though we are starting earlier than ever. Combine the all-time-high pricing with higher mortgage rates and the cost of housing has gone up 17% this year alone, according to a...
When I first saw this graph, I thought it was the perfect way to sum up the changes in the marketplace since the 2000-2009 era. Back then, people were younger, there were plenty of homes for sale, and prices were relatively affordable, so we always had a very fluid...
Hat tip to JT who sent in this doomy article about home sales: Southern California home sales hit the brakes in June, falling to the lowest reading for the month in four years. Sales of both new and existing houses and condominiums dropped 11.8 percent year over...
