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:
- Price trends for Carlsbad zip code 92009. New 2013 data scroll to right to see price changes.
- North County market trends.
- 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.