Same-House Sales

Coronavirus Flip

by Jim the Realtor | May 16, 2020 | Carlsbad, Flips, Jim's Take on the Market, Same-House Sales

The first flip we've seen since the 'rona hit. This listed for $899,000 on March 25th, and sold for $950,000:

San Diego Case-Shiller Index, Feb

by Jim the Realtor | Apr 28, 2020 | Jim's Take on the Market, Same-House Sales

This year's month-over-month gain in San Diego is about half of what it was in February 2018 & 2019. "The big question now, is how quickly the home listings will awaken after the pause or will unemployment drag down purchase activity going forward. If buyers come...

San Diego Case-Shiller, Jan.

by Jim the Realtor | Mar 31, 2020 | Forecasts, Jim's Take on the Market, Same-House Sales

My guess is that NSDCC sales will drop by at least 60% in 2Q20, and our price gauges fall 5% - sellers won't tolerate any more than that, and they will wait it out instead. “As has been the case since mid-2019, after a long period of decelerating price increases, the...

San Diego Case-Shiller Index, Dec.

by Jim the Realtor | Feb 25, 2020 | Jim's Take on the Market, Same-House Sales

San Diego Non-Seasonally-Adjusted CSI changes: Observation Month SD CSI M-o-M chg Y-o-Y chg January ’18 248.16 +0.8% +7.3% February 250.91 +1.1% +7.5% March 253.41 +1.0% +7.6% April 255.63 +0.9% +7.7% May 257.07 +0.6% +7.3% Jun 258.44 +0.6% +6.9% Jul 258.49 0.0% +6.2%...

San Diego Case-Shiller Index, Nov

by Jim the Realtor | Jan 28, 2020 | Jim's Take on the Market, Same-House Sales

Comparing to the dreadful end of 2018 doesn't tell us much, but at least we had a positive move between October and November - we're almost back to where we were in September! San Diego Non-Seasonally-Adjusted CSI changes: Observation Month SD CSI M-o-M chg Y-o-Y chg...

Has Housing Peaked?

by Jim the Realtor | Jan 21, 2020 | Forecasts, Jim's Take on the Market, Same-House Sales

An excerpt from Bill's post today: Since this post (in July, 2018), existing home sales have mostly moved sideways, and both new home sales and single family starts have hit new cycle highs. Here is the graph I like to use to track tops and bottoms for housing...

San Diego Case-Shiller Index, Oct.

by Jim the Realtor | Dec 31, 2019 | Jim's Take on the Market, Same-House Sales

Above is the non-seasonally-adjusted San Diego Case-Shiller Index for the last ten years. We had slight drop in the October index (the lower mortgage rates have kept us about even with last year) but in this decade we had a 64% increase! San Diego...

San Diego Case-Shiller Index, Sept

by Jim the Realtor | Nov 26, 2019 | Jim's Take on the Market, Same-House Sales

Our index stayed flat, which is better than last year! San Diego Non-Seasonally-Adjusted CSI changes: Observation Month SD CSI M-o-M chg Y-o-Y chg January ’18 248.16 +0.8% +7.3% February 250.91 +1.1% +7.5% March 253.41 +1.0% +7.6% April 255.63 +0.9% +7.7% May 257.07...

San Diego Case-Shiller Index, August

by Jim the Realtor | Oct 29, 2019 | Jim's Take on the Market, Same-House Sales

Mortgage rates have been 1% lower than they were a year ago, yet sales are flat....and so are prices. We had a 2.3% improvement year-over-year, which is actually the best percentage improvement in 2019. But look at how our Y-o-Y changes have pancaked this year,...

San Diego Case-Shiller Index, July 2019

by Jim the Realtor | Sep 24, 2019 | Jim's Take on the Market, Market Conditions, Same-House Sales

Yesterday, Yunnie said that he sees no sign of buyer optimism fading, to which I said 'just wait for the Case-Shiller Index (which should be the strongest of the year)'. CNBC posted the click bait above, which is shocking because they are usually so negative about...