It looks like the NSDCC market will survive the usual end-of-the-year blues just fine. We should match last November's sales count (even with higher pricing), and combine that with the improvement in the days-on-market and it makes me think the momentum is building...
It was the most insane frenzy ever, and it was the most intense at the beginning of last year as inventory started to thin out. Compared to that environment, I think these stats look pretty good: NSDCC Monthly Sales and Pricing Down 5% to 10% YoY, and on the rise? ...
The state is cooking! She brings up a good point - it might be hotter if there was more to sell: California home sales softened in May, but the housing market momentum continued to be solid as the spring home-buying season marked higher year-over-year home sales and...
It may feel like a bumpy ride, but today's local market looks pretty smooth, statistically. Here are detached sales for January: Area Jan. 2011/2012 Sales (chg) Jan. 2011/2012 Avg. Cost-per-sf (chg) SD Co. 1,269, 1,356 (+7%) $229/sf, $226/sf (flat) DM/RSF/SB 23, 29...
We've seen the detached sales/price statistics be fairly flat around here the last couple of years. If anything, the year-over-year stats in most most zips are down slightly, but check a couple of interesting hot spots - Del Mar and Rancho Santa Fe. There will be some...
The Case-Shiller Index for October, 2011 was published today, and the media is swamped with negativity. CR prefers the seasonally-adjusted; here are both for San Diego: San Diego CSI Sept Oct MOM % chg YOY % chg SA 151.67 151.61 -0.04% -4.5% NSA 153.72 152.86 -0.5%...
From sddt.com: Add another data point to housing’s ongoing bounce along the market bottom. Sales activity of existing homes in San Diego County slipped on a monthly basis in October, falling roughly in line with its year-ago level, according to recent data. The San...
There is more hub-bub at cnbc about December being full of distressed sales. NAR had reported that 36% of December sales nationally were REOs and short sales, and the new report from Campbell Surveys said 47%. How about North San Diego County Coastal? December...
Welcome back from the long holiday weekend everybody - hope it was great! I took off the last five days to help my mother with moving, so I'm just getting back in the swing. After checking the November sales yesterday (repeated below), the pendings for this month...
The N.A.R. will be releasing the existing-home sales number tomorrow, and a rout is expected. The consensus is that August sales improved over July's number, but they think the year-over-year stats could plunge. The press will focus on any negativity, and call...
