The first month of 2013 saw a general decline in sales which is normal for this time of the year and with that inventory went up for the first time in months but remains very low. This time last year North County had over twice the number of homes for sale. The number of distressed homes (short sale or bank /REO transactions) continued to decline and this has been a fairly solid trend for many months. This trend has been very slow but we anticipate the shortage of inventory will continue to result in price increases and this will allow more homes to be less underwater.

It has been a slow gradual process but the last few months have seen this speeding up. Also notable is how many lower priced homes are off the market in less than 20 days. We now tell buyers to jump on any situation, be well qualified and forget about any low ball offers. We do expect to see many more people to start jumping on this sellers market as the shortage is exceptional and these conditions are unlikely to last. We hope the trend data you can see below and also in every city page (scroll down to see this) can help you stay on top of this dynamic market place.

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 2013 data scroll to right to see price changes.
2. North County market trends.
3. Carlsbad market rends. Please note information here is copyright our company Coast and County Homes LLC and can be used with permission.

We can help you buy and sell and save you a small fortune in fees in one or both transactions with service our clients rave about. Do check this web site for the area/town of interest and look at the market trends for your zip code in each city page (scroll down for these) to give you a more detailed analysis of the market you are interested in. If your zip code is not here do call us and we will develop that analysis plus a detailed valuation of your home at no charge. Any questions please email Joanne at [email protected] or call 760-438-1000

Please use the scroll bar to the right of the charts to move the data up and down.

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.

Here we are on the first Saturday of 2013 looking back at some very interesting trends in our local North County San Diego detached homes market place. Most notable development has been 20 straight months of inventory decline. For the zip codes we cover here (most of Oceanside, Encinitas, Vista, and Carlsbad plus some analysis of San Marcos) we have almost 25% of the peak inventory we saw in August 2010 since tracking this data four years ago. We have seen another decline albeit much slower in the number of distressed homes sold. However, in a number of zip codes this remains very high with some in or around 50% of all detached homes sold.

It took a few month before the penny may have dropped with the shortage of homes for sale that we started to see homes selling in days instead of months, multiple bids and many price rises especially in “hot” zone areas. We can help you identify these because if your home is in one you need to be sure you are bang up to date with these trends or you might sell your home too cheaply. Sadly we see a number of appraisals coming in way too low as they have not always seen this recent trend. If you are looking to buy a home in many areas you need to be well qualified and ready to jump at a moments notice and be prepared to pay the full price or more.

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 2013 data scroll to right to see price changes.
2. North County market trends.
3. Carlsbad market rends. Please note information here is copyright our company Coast and County Homes LLC and can be used with permission.

We can help you buy and sell and save you a small fortune in fees in one or both transactions with service our clients rave about. Do check this web site for the area/town of interest and look at the market trends for your zip code in each city page (scroll down for these) to give you a more detailed analysis of the market you are interested in. If your zip code is not here do call us and we will develop that analysis plus a detailed valuation of your home at no charge. Any questions please email Joanne at [email protected] or call 760-438-1000

Please use the scroll bar to the right of the charts to move the data up and down.

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.

Writing this on election day and again reporting that prices are rising here !!! November again saw a dramatic drop in inventory as sellers hold back but buyers snap up the few remaining well priced homes. Again we have had listings with multiple bids at prices above what the seller had anticipated. For the four zip codes in Carlsbad we see just 155 detached homes for sale today and 122 sold last month. Barely five weeks of inventory to sell here.

For Carlsbad, Oceanside (not 92058), Vista and Encinitas there is also about five weeks of inventory left. With Thanksgiving and Christmas approaching we can expect sellers to still be absent and surely sales will plummet as the stock sells out. The percentage of distressed homes (short or bank owned homes) has slowly drifted down over the last four users since we started tracking this data to 28% for the North County zips we monitor. Carlsbad at 18% distressed is considerably better off with far fewer underwater situations.

Naturally price increases will help this problem diminish. Please check below for specific price trends in Carlsbad 92009 by size of the home sold going back many years. In some cases we are seeing prices move back to levels not seen for four years. Please take care with some numbers where the number of homes sold is low but the recent rend is clear almost across the board especially in prices below $1M.

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.
2. North County market trends.
3. Carlsbad market rends. Please note information here is copyright our company Coast and County Homes LLC and can be used with permission.

We can help you buy and sell and save you a small fortune in fees in one or both transactions with service our clients rave about. Do check this web site for the area/town of interest and look at the market trends for your zip code in each city page (scroll down for these) to give you a more detailed analysis of the market you are interested in. If your zip code is not here do call us and we will develop that analysis plus a detailed valuation of your home at no charge. Any questions please email Joanne at [email protected] or call 760-438-1000

Please use the scroll bar to the right of the charts to move the data up and down.

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.

Prices rising here !!!

September continued the downward spiral of detached homes in inventory here to the lowest we have seen here since January 2009. Sales dipped quite sharply from 399 to 348 which is still high but reflects the lack of homes here for sale. As you can see from the detailed snap shot below of Carlsbad zip code 92009 price are going up in almost all but the highest price range.

We expect the shortages to continue and sales may drop steeply towards the end of they year unless we get many more sellers. The number of homes sold that were distressed (short sales or bank owned)slipped again also to a new low of 28%. Still a high number but in 2009 we saw this as high as 72% and in the 90’s for parts of the area.

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.
2. North County market trends.
3. Carlsbad market rends.

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

We can help you buy and sell and save you a small fortune in fees in one or both transactions with service our clients rave about. Do check this web site for the area/town of interest and look at the market trends for your zip code in each city page (scroll down for these) to give you a more detailed analysis of the market you are interested in. If your zip code is not here do call us and we will develop that analysis plus a detailed valuation of your home at no charge. Any questions please email Joanne at [email protected] or call 760-438-1000

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.

August continued the downward spiral of detached homes in inventory here while sales remained buoyant in North County zips codes covering most of Carlsbad, Oceanside, Encinitas and Vista. For a very detailed look at Carlsbad zip code 92009 including price trends please look at an earlier blog entry by pressing page down to look below this blog entry. Please note information here is copyright our company Coast and County Homes LLC and can be used with permission.

Sales at 397 in August for this area were over a 100 greater than last August and reached the highest level we have seen since we starting collecting this data in January 2009. The same can be said for the inventory figure now under half what it was in August last year. This trend may slow as there simply are too few homes coming onto the market to keep the sales figures up. All over North County we see homes being snapped up quickly or receiving multiple bids especially if they are under $750K. Higher priced home seem to slower getting into this mini boom. Distressed homes were 31% of the total home sold in August and while this figure is down a little and well below what we have seen here it remains a persistent problem in may areas.

Banks still seem to be taking there time on short sales and we recently had a home under appraised by a bank that will remain nameless causing the sale to be cancelled. The appraiser was totally out of touch with the current market which has, in the last three months, changed in favor of sellers. That house received multiple bids and will easily sell despite the misjudged appraisal. The changing market condition means sellers may now get multiple offers and prices they thought were out of reach just weeks ago. Buyers need to be qualified and ready to jump.

“Lo ball” bidding is unlikely to work and feeling you have time to choose will likely leave you with no choice at all. We can help you buy and sell and save you a small fortune in fees in one or both transactions with service our clients rave about. Do check this web site for the area of interest and look at the market trends for your zip code in each city page (scroll down for these) to give you a more detailed analysis of the market you are interested in. If your zip code is not here do call us and we will develop that analysis plus a detailed valuation of your home at no charge.

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. 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.

Below this chart we have one for just Carlsbad.

Any questions please email Joanne at [email protected] or call 760-438-1000.