Though the number of pendings has been lower recently, the closed sales are about the same as last year. Buyers are probably more reluctant to cancel a sale once in escrow? NSDCC Action Between Jan 1st and April 10th Year # of Closed Sales # of New Listings CS/NL % of...
Reader Rob asked, Can you do an article on the housing affordability index related to NSDCC? Just wondering what percentage of people need x amount of dollars with 20% down to afford a median priced home? Let's include data on the median price of detached-home...
It was almost four years to the day that the drone visited Robertson Ranch - before the development began. Here is a post from 4/17/2014 when I was still piloting the drone, and hit my peak elevation:...
Rich's latest data is out, and the graph above shows the aggregate pricing for San Diego has increased over 100% since 2009 - click below for the rest of his analysis on inventory, sales, and pendings: https://piggington.com/march_2018_housing_data
Detached-home sales between La Jolla and Carlsbad are hanging tough - and still no flood of inventory, in spite of much higher prices! NSDCC Stats for March Year # of Sales Avg. $$/sf Median SP Avg DOM # Houses Listed in March 2013 299 $404/sf $840,000 49 503 2014 219...
Higher-end markets are demonstrating what happens when you have ample inventory - though price will fix everything wrong here. From cnbc: Real estate sales in Manhattan plunged 25 percent in the first quarter from a year ago, as the new federal tax...
The sales count is dropping between La Jolla and Carlsbad, but it's not surprising when you consider how much higher the pricing is, and the fewer homes being listed: NSDCC 1st Quarter Stats Year # of Sales Avg. $$/sf Median SP Median DOM # Houses Listed in 1Q 2013...
In the last post, I included a link to April, 2009. Local Boy left this comment there with stats - let's compare to today: “Carlsbad Statistics (Single Family–all 4 zips) I think the sellers in Carlsbad have been doing an excellent job pricing–in the last 3 months,...
It looks like our local price increases are starting to moderate, at least according to the Case-Shiller Index. It doesn't look like 2018 will be another +7% or +8% year. But if sellers can live with selling for about the same price as the last guy, then we should be...
Note the train tracks to the left - just 45 trains per day! John Hood and his wife Sally have bought a $21.5 million mansion on an oceanside bluff in Del Mar in the county’s most expensive real estate transaction since 2007. You may recall Hood’s name from headlines...
