June Listings and Sales, Preliminary

North County Coastal | Sales and Price Check

June 30, 2022

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We knew at the beginning of June that we wouldn’t get to 200 sales, just by the number of pendings:

NSDCC June Listings and Sales

Year	# of Listings	# of Sales	L/S
2015	527	340	1.55
2016	513	312	1.64
2017	416	360	1.56
2018	476	299	1.59
2019	435	282	1.54
2020	448	274	1.64
2021	386	357	1.08
2022	301	170	1.77

Our precipitous drop in the number of listings has to be considered when examining the current market conditions – and not only are there fewer listings than ever, but the quality of the homes coming to market is on the lower end. People are hanging on to the best homes!

After rates and prices have doubled, if you are going to buy a home now, you want to hold out for a good one! Yet we have fewer quality choices than ever before.