Monthly Archives: December 2014

December 2014 Update North County Monthly Market Trends

November saw a very dramatic drop in sales to numbers we have not seen in over three years. We also saw distressed sales jump up 10% highest figure in a year. Homes are taking longer to sell generally and whereas we saw 50% of homes and sometimes more selling in 14 days or less this has now has dropped to more like 25%. It still means a well marketed and priced home can sell quickly but that is now an increasing challenging in North County. While inventory also crept down again we look like starting 2015 with twice the stock of detached homes we had at the start of 2013 a year that witnessed a mini “boom”. So do we have a buyers or sellers market? It may be the Holiday season that normally depresses the market and let’s hope that;’s the only reason as we head towards Christmas and the New Year. Happy Holidays!

Do you need to pay 6% commission? Call Joanne 760-438-1000 now to save a small fortune and get the high price your home is worth and keep $1,000’s in fees. The first chart below is a price breakdown of zip code 92009 detached homes going back to 2004. This chart takes us the the end of Jun quarter by quarter. If less than 10 homes were sold in a quarter do not put too much faith in the results but generally I hope you can see the quarter by quarter price trends for most homes in this zip code.

If you are reading this and have a home you wish to sell one day soon we urge you to get it on the market now and with sell us because we discount our fees and offer a full service top agents would be proud to match.

Please note all data on this site is for detached homes and the charts below cover North County zips codes covering most of Carlsbad, Oceanside, Encinitas and Vista. The charts below are as follows:

  1. Price trends for Carlsbad zip code 92009. New 2014 data scroll to right to see price changes.
  2. North County market trends and at the end of the chart.
  3. North County and Carlsbad market rends.

Please note information here is copyright our company Coast and County Homes LLC and can be used with permission.

2. North County Market Trends – followed by Carlsbad trends

Below is a table showing the total sales for detached homes in Carlsbad, Vista, Encinitas and Oceanside zip codes (ex 92058 in Oceanside). Distressed homes is the percentage of homes sold that were short sales or bank owned. Active is the number of homes for sales at the beginning of the month. The “inv/month” column simply divides how many homes were for sale (active) by how many were sold in the last month. A breakdown of Carlsbad follows and shows trends for zip codes 92008,92009,92010,92011.

For detailed analysis of all the zip codes represented here please click each city tab and scroll down. We would be happy to give you a much more detailed analysis of your local area and what we believe your home might sell for in what we hope is a more upbeat market.