Sales this year have been brisk around North San Diego County's Coastal region. In spite of higher pricing, sales in the time period from January 1st to April 30th are 7% higher than last year! Here's how the first four months of this year compared to previous years:...
The Mid and High Tiers have been looking fairly flat over the last 18 months. We're around 2008 pricing, and many areas are higher - sellers should embrace. http://journal.firsttuesday.us/california-tiered-home-pricing-2/1592/
The NSDCC sales count for April exceeded last year's number, and prices were slightly higher too. But the rate of price change has slowed considerably, and if rates bump significantly higher, we should see the market stall out. NSDCC Sales for April Year # of Sales...
The Inventory Watch should be where we'll see any indicators of market trouble. But today's inventory is 6% less than a year ago, with only the $800,000 - $1,400,000 category higher (244 vs 240 listings). A growing inventory would mean sales are slowing, but we're...
Hat tip to W.C. for sending in this article: http://money.cnn.com/2015/04/15/real_estate/housing-markets-fastest-sales/index.html?iid=HP_River An excerpt: The report tracked home sales listed on Trulia in the 100 biggest metro areas in the U.S. on Feb. 5 and were...
If you get the feeling that the 2015 market has been a lot like 2014, it's because it has been, statistically. Using the NSDCC data gathered below, here are the new actives and new pendings from the first 15 weeks of each year, and the number of house sales closed in...
The continued strength in sales and pricing is remarkable. We sold 360 houses between Carlsbad and La Jolla for more than $1,000,000 in the first quarter! Year Number of Sales Median SP Avg Cost Per SF Avg. DOM 2012 577 $793,000 $362/sf 99 2013 672 $850,000 $386/sf 61...
It's remarkable how strong the data is for homes sold around North San Diego's coastal region. Most impressive is the number of sales in spite of higher pricing - there isn't much drop-off! These are houses sold between February 1 - March 15 Year # of Sales Median SP...
Though the MLS rules require that closed sales are reported within 48 hours, there will still be some late reporters of last month's closings. But these medians and averages should stay about the same: January # of Sales Median SP Avg $/sf Median DOM #Sales...
While San Diego may not be the most expensive city to own a home, it is considered the least affordable. According to a study conducted by Realtor.com, San Diego ranks as the most unaffordable city in terms of real estate in relation to income. “In more than 90...
