Socalbuyer wanted stats on other areas, and I take requests! With our temperate weather, the spring selling season really gets started in January, and kicks up a notch after the Super Bowl - and this year came out blazing. Let's compare the closings in March and April...
How are we doing, compared to the 'peak' years? To capture the latest frenzy, let's use the March 1st to April 30th period, and reflect back to see how the numbers stack up compared to previous years: Today, both sales and pricing are increasing at the same time...
Yesrterday we saw that April's average-cost-per-sf in San Diego County had risen 23% year-over-year. How did we do in NSDCC? Here are April sales and average $/sf: Region April 2012 April 2013 Price diff North 249/$275 223/$329 +20% South 192/$434 224/$476 +10% Totals...
The average pricing is climbing steadily now. If it weren't for the dip in January, the NSDCC monthly average would have been over $400/sf for six months in a row. This month is already at $426/sf! With most of the recent higher-priced sales just starting to close, we...
The new Alta Del Mar neighborhood in Carmel Valley is providing some guidance for the rest of San Diego's North County Coastal region. There are 100+ people on the ADM lender-pre-approved list to pay $2,000,000 to $2,500,000 for semi-custom tract houses. Those on the...
For the daredevil sellers who recognize that this is an ideal time to sell, yet want to wait and see if the market will goose itself higher, what are the indicators to watch? 1. We've been tracking the NSDCC active inventory this year, and it hasn't been growing much...
The first quarter of 2013 showed marked improvement year-over-year. Sales were up 14% and average pricing was up 10%! 1QYear #Sales $/sf DOM 2010 496 $382 77 2011 553 $372 87 2012 577 $362 91 2013 660 $397 57 This feels like a comfortable level for now. Will prices...
February home prices rose 10.2% from year ago levels, the largest annual gain in nearly seven years and the 12th consecutive month of national home price growth, CoreLogic said Wednesday. The real estate analytics firm attributes the steep rise to rapid price...
The national homes-for-sale inventory is on the rise (reported here), but it's just another vague soundbite. The local numbers are what matter - here are today's active listings of detached-homes between La Jolla and Carlsbad: Date NSDCC Listings Avg. LP $$/sf Jan 14...
No statistical evidence to back them up, just guesses... If projections hold out, home values will rise 22 percent cumulatively by the end of 2017, according to Zillow’s first-quarter Home Price Expectations Survey. For its report, Zillow and Pulsenomics surveyed a...
