What a difference compared to the second half of 2019: San Diego Non-Seasonally-Adjusted CSI changes: Observation Month SD CSI M-o-M chg Y-o-Y chg January ’19 251.30 -0.2% +1.3% Feb 253.69 +0.9% +1.1% Mar 256.40 +1.1% +1.2% Apr 257.63 +0.5% +0.8% May 260.08 +1.0%...
Two interesting graphs from our friends at JBREC: Note how the black line for S. California has gone hyperbolic, relatively, and now leading the pack. Glad to see San Diego so high up the list here - for those looking for new homes, Las Vegas has plenty:...
Let's use their formula (total sales/total listings) to calculate the NSDCC ratios. (their ratios were from June, 2020) NSDCC SFRs Sales/Listings over $1 million June, 2020: 210/392 = 54% October, 2020: 300/328 = 91% We have it good!...
Here's the first look at this month's sales: NSDCC October Sales & Pricing Year # of Sales Avg $$/sf Median SP 2012 189 $382/sf $765,000 2013 276 $494/sf $961,750 2014 263 $463/sf $965,000 2015 234 $473/sf $1,055,000 2016 283 $523/sf $1,075,000 2017 262 $533/sf...
We're only three days into October so there will still be more reporting in the coming days....but September sales are pouring in! We had 52% more sales than we had last year in the La Jolla-to-Carlsbad market! NSDCC Detached-Home Sales, September: Year Sept. # Sales...
It's October! The La Jolla-Carlsbad market had an incredible September, with sales up 43% YoY, and the median sales price was +10%! We'll have another 20-30 sales reported in the coming days too. NSDCC Detached-Home Sales, September: Year Sept. # Sales Med SP Med $/sf...
For the second month in a row, 100% of the agents surveyed around San Diego County reported increased pricing, month-over-month. Sales are likely to slow over the next few months due to fewer homes for sale (see the 16.7 drop in Home Listings index) which is...
The impending 'upgrade' of the MLS starts today at noon, and last until Monday. It will screw up my stats for usual Inventory Watch on Monday morning, so here's a mid-week preview. Today there are 491 NSDCC detached-homes in escrow, which the highest number I've...
Sales has been robust over the last couple of months, and the national pending-home-sales index above shows how we're just making up for lost time. We don't have a local PHSI, so let's look at how the NSDCC closed sales for 2020 have compared to last couple of years:...
Here is the recent history of August sales of detached-homes between La Jolla and Carlsbad: August, Year # of Sales Median Sales Price 2013 324 $953,750 2014 246 $1,050,000 2015 278 $1,030,000 2016 288 $1,199,500 2017 279 $1,245,000 2018 276 $1,320,000 2019 264...
