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:
San Diego Tiered Pricing
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Sales and Price Check
NSDCC July Sales and Pricing
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...
San Diego Tiered Pricing
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...
NSDCC Annual Sales History
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...
Late-Season Rally?
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...
NSDCC 2Q Sales
Let's examine by zip code where the market might be slowing recently. These are the detached-home sales for the second quarter, plus the current number of pendings in each area: Area Zip Code Sales 2Q16 Sales 2Q17 Sales 2Q18 Pendings Today Cardiff 92007 25 30 11 9...
Inventory Watch
The pending counts have been dropping precipitously since June 11: NSDCC All: -15% Under-$1,000,000: -29% While a lower number of pendings can be due to more closings from the fat part of the selling season, it not like we're setting any sales records either. The...
Local Predictions for 2018 – Update
We're halfway through 2018 - let's check on the predictions. Here is where Rob Dawg, Franklin Jones, Ash, and myself guessed what would happen this year: https://www.bubbleinfo.com/2017/12/27/2018-predictions/ My thoughts in December for 2018, plus extra stats: I...
NSDCC Sales, First Six Months
Here are the NSDCC sales stats from the first six months of each year, going back to the beginning of the 2-out-of-5-year capital-gains tax exclusion – which helped trigger the ensuing bubble. I used the April rate because it was about the middle of the Jan-Jun time...
San Diego County House Sales
Here we saw how the NSDCC sales have been down 9% this year - how have sales been county-wide? The closed sales between January and May this year are also down 8% compared to last year, in spite of there being 20% MORE houses listed for sale than in 2017! The...
