Median Sales Prices by Area

Carlsbad | Carmel Valley | Del Mar | Encinitas | Jim's Take on the Market | La Jolla | North County Coastal | Rancho Santa Fe | Sales and Price Check | Solana Beach

Written by Jim the Realtor

January 21, 2020

2 Comments

It’s been ten years since the bottom of the market.

Let’s see how the annual median-sales-prices of detached-homes have changed:

Town or Area
Zip Code
2009
2014
2019
10yr % chg
Cardiff
92007
$785,000
$1,180,000
$1,408,000
+79%
NW Carlsbad
92008
$587,000
$740,000
$999,500
+70%
SE Carlsbad
92009
$690,000
$825,000
$1,085,000
+56%
NE Carlsbad
92010
$528,750
$650,000
$830,000
+57%
SW Carlsbad
92011
$696,500
$850,000
$1,113,050
+60%
Carmel Valley
92130
$855,000
$1,090,000
$1,345,000
+57%
Del Mar
92014
$1,350,000
$1,625,000
$2,000,000
+48%
Encinitas
92024
$720,000
$955,000
$1,409,000
+96%
La Jolla
92037
$1,450,000
$1,640,000
$2,100,000
+45%
RSF
92067
$2,325,000
$2,476,596
$2,550,000
+10%
Solana Beach
92075
$1,075,000
$1,326,000
$1,462,500
+36%
NSDCC MSP
All Above
$815,000
$1,013,000
$1,325,000
+63%
NSDCC Sales
All Above
2,204
2,813
2,801
+27%

Takeaways?

  1. Everywhere’s a million!
  2. Most areas had their median sales price rise more in the second half (2014-2019).
  3. The number of sales is very impressive, given the run-up in pricing (we had 2,781 sales in 2018).
  4. Pricing in the Ranch has averaged +1% per year, which proves we can live with flat pricing for 5-10 years.
  5. Encinitas is less like Carlsbad and more like its ritzy neighbors to the south. Maybe it’s the culture?

https://encinitasca.gov/Home/City-Calendar/ctl/ViewEvent/mid/774/OccuranceId/3336

2 Comments

  1. calixto
    calixto on January 21, 2020 at 8:34 am

    Hard to believe it was 10 years ago this blog was filled with tons of angry comments about the area being

    NOWHERE CLOSE TO THE BOTTOM!!!!!!

    Oh how wrong they were…

  2. Jim the Realtor
    Jim the Realtor on January 21, 2020 at 8:41 am

    True, and they lasted for for 2-3 years too. I’m lucky we survived it!

    Though if the banks would have kept foreclosing, it would have been more drawn out. By the end of 2012, however, the locals wanted to get back to buying homes!

    Thanks for checking in calixto! I’m not sure you have ever commented before?

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