Monthly Archives: November 2014

November 2014 Update North County Monthly Market Trends

October saw a fairly static market across all North County zip codes with sales slightly lower and inventory as well down a little. The very fast sales we have seen for several months with homes in escrow in some cases 50% or more in some zips has eased off and this indicates a quieter less frenetic market as we come to the end of the year. Inventory which has climbed almost all year from the very low numbers we saw at the start of 2013 has now eased back a little.

Distressed sales remain way lower than a few years ago at about 6% of all sales but a few zip codes still see about 10% of these in monthly sales specifically in Oceanside 92056/7.

So do we have a buyers or sellers market?

It all seems a little mixed but clearly in almost all areas a well priced home will sell in two weeks or less and we are talking about at prices close to or equal their all time highs.

Do you need to pay 6% commission in this market?

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.

Looking for service our clients all rave about and low fees call us. We serve San Diego North County and can save you money buying and selling. Discount real estate commissions Assist 2 Sell Help U Sell real estate agents full service Carlsbad Encinitas Oceanside Vista San Marcos

October 2014 Update North County Monthly Market Trends

September detached 2014 sales dropped significantly as did inventory and this was for the first time in months. Distressed sales are almost a thing of the past with just 14 out of the 278 detached homes sold in North County last month. Half of these were in Oceanside zip 92057 which has stubbornly continued to have these but across the board they represent a small percentage of all sales.

With the third quarter of 2014 over we again surveyed Carlsbad zip code 2009 for pricing trends by house size. This roughly equates to house prices and again we see prices moving up almost in all categories with $1M homes and over gaining them most after lagging behind the lower price ranges. We are now back to the prices we last saw during 2005-6. We continue to see about half the homes sold are in escrow in 14 days or less. In the first chart below you can track detached home prices for Carlsbad zip code 2009 for the last few years up until the end of September this year by quarter.