Written by Jim the Realtor

March 24, 2015

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
Avg. $/sf
Avg DOM
2011
263
$865,000
$378/sf
91
2012
295
$785,000
$364/sf
94
2013
333
$840,000
$394/sf
64
2014
282
$939,500
$500/sf
51
2015
284
$1,110,000
$528/sf
52

Yesterday, the guy on CNBC who has predicted the last couple of bond-market moves said that he expects the 10-year yields will be down to 1.50% in the next few months, which should push mortgage rates under 3.50%. Waahoo!

rate

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Jim Klinge
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