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 $$/sf Jan 14...
No statistical evidence to back them up, just guesses... If projections hold out, home values will rise 22 percent cumulatively by the end of 2017, according to Zillow’s first-quarter Home Price Expectations Survey. For its report, Zillow and Pulsenomics surveyed a...
Housing inventory is now at its lowest level since January 1994; home sales have exceeded listings for the past 25 months; and the upward trajectory in home prices starting at the end of last year continues, according to the latest “US Housing Market Monthly” from...
Southern California experienced continued strong growth in home prices and sales last month as buyers shifted toward ritzier abodes in coastal markets. The median price in the six-county Southland rose nearly 21% from February 2012, real estate information provider...
Now that it appears the market has bottomed, we'll see claims of how much better we're doing. Take them with a grain of salt, because results may vary! In the low-to-mid-range areas, you can probably tack on another 5%-10% since the fourth quarter of 2012 as well:...
Usually when the media reports an increase in the median price, they say that "prices are going up". But technically it only means that there were additional sales of more-expensive houses. NSDCC Feb. #Sales Median SP Median DOM 2011 166 $844,000 60 2012 184 $795,000...
The lower-end average pricing has been steadily rising about 1% per month, resulting in 10% to 12% annual appreciation (the Under-$1,000,000 market saw a 12.8% gain in their average pricing for Feb. 2013). NSDCC Detached-Home Sales for February Under $1M Feb. Sales...
NSDCC detached-home sales between January 1 and February 15: Year #Sales Avg SF Avg $$/SF Median SP Median DOM 2010 198 3,121 $378/sf $836,250 41 2011 229 2,994 $379/sf $850,000 64 2012 239 2,970 $362/sf $764,000 63 2013 271 3,138 $383/sf $875,000 36 Except for the...
Fewer houses are coming on the market, and sales are rising! North NSDCC (Cardiff, Carlsbad, and Encinitas) Jan 1 - Feb 20: Year New Listings Closings 2010 183 117 2011 168 142 2012 151 151 2013 131 153 More sales than new listings?? Will higher prices lure more...
U.S. home prices rose again in January. We're witnessing the fastest pace of price growth since July 2006, which was during the housing bubble. From Zillow: Zillow’s January Real Estate Market Reports, released today, show that national home values rose 0.7% from...
