Real Estate Market Reports 3 - Mylene Merlo - North County San Diego Real Estate Advisor

North County San Diego Real Estate Market Report – December 2019

What’s Happening in the North County San Diego Real Estate Market? Source: Mylene’s Real Estate Market Report uses data from CRMLS for 2018 through 2019 and represents properties listed or sold by various brokers. Inventory North County inventory has been declining all season. We saw a big decrease between early November and early December: Carlsbad: over 10% down Encinitas/Cardiff: over 15% down San Marcos: over 16% down Vista: 11% down Oceanside: almost 16% down Escondido:

North County San Diego Real Estate Market Report – November 2019

What’s Happening in the North County San Diego Real Estate Market? Source: Mylene’s Real Estate Market Report uses data from CRMLS for 2018 through 2019 and represents properties listed or sold by various brokers. Inventory North County inventory has continued to decline between early October and early November. In the past month, we have seen a significant drop in the number of homes available for sale. Days on Market The number of days on market

North County San Diego Real Estate Market Report – October 2019

What’s Happening in the North County San Diego Real Estate Market? Source: Mylene’s Real Estate Market Report uses data from CRMLS for 2018 through 2019 and represents properties listed or sold by various brokers. Inventory North County inventory decreased between early September and early October. In the past month, we have seen a modest drop in the number of homes available for sale. Days on Market The number of days on market has increased for

North County San Diego Real Estate Market Report – September 2019

What’s Happening in the North County San Diego Real Estate Market? Source: Mylene’s Real Estate Market Report uses data from CRMLS for 2018 through 2019 and represents properties listed or sold by various brokers. Inventory North County inventory has dropped since early August. In the past month, we have seen a sharp decrease in the number of homes available for sale. Days on Market The number of days on market has increased between July and

North County San Diego Real Estate Market Report – August 2019

What’s Happening in the North County San Diego Real Estate Market? Inventory Overall, there has been little change in inventory between mid-July and early August. The number of homes for sale increased in the spring, and has remained stable through the summer. Days on Market The number of days on market has decreased between June and July sales. Most homes are selling within about 2 weeks. Prices While prices have been stable all year, overall

North County San Diego Real Estate Market Report – July 2019

What’s Happening in the North County San Diego Real Estate Market? Inventory Inventory has moderately increased in most markets between early June and mid-July. Days on Market The number of days on market has slightly increased since last month. Even so, properties are taking less time to sell than they did earlier this year. Most homes are selling in about 2 weeks. Prices Prices have been stable all year. Between June and July, we saw

North County San Diego Real Estate Market Report – June 2019

What’s Happening in the North County San Diego Real Estate Market? Inventory Although inventory has gradually increased since January, there was very little change between early May and early June. Days on Market The number of days on market has continued to decrease. Overall, properties are taking less time to sell than they did earlier this year. Most homes are selling in less than 2 weeks. Prices Prices have been stable all year. Between May

North County San Diego Real Estate Market Report – May 2019

What’s Happening in the North County San Diego Real Estate Market? Inventory Inventory has gradually increased since the beginning of the year. Days on Market In most markets, the number of days on market decreased between March and April. Overall, properties are selling more quickly than they did at the beginning of the year. Most homes are selling in fewer than 3 weeks. Prices Prices have been stable all year. In most areas, we didn’t

North County San Diego Real Estate Market Report – April 2019

What’s Happening in the North County San Diego Real Estate Market? Inventory As expected, inventory has continued to increase since January. The supply and demand are rising together. As more homes are being listed on the market, according to statewide lockbox access data, more buyers are touring properties. Days on Market In some markets, March sales showed a reduced number of days on market from February. Overall, properties are selling more quickly than they did

North County San Diego Real Estate Market Report – March 2019

What’s Happening in the North County San Diego Real Estate Market? Inventory The inventory has increased since the beginning of the year. Home buyers are hoping that more sellers will put their homes on the market. Spring is usually the busiest time of the year! Days on Market February sales showed a reduced number of days on market from previous months. Properties are selling more quickly than they did earlier this year. Prices Even though

North County San Diego Real Estate Market Report – February 2019

What’s Happening in the North County San Diego Real Estate Market? Inventory As of February 7, inventory had not really increased since the beginning of the year. On the other hand, as you can see from the inventory charts below, it’s still much higher than one year ago. In addition, we expect more homes to be listed on the market throughout the spring season. Days on Market Another trend that has continued through January is

January 2019 - Year in Review Market Report

North County San Diego Real Estate Market Report – January 2019

What’s Happening in the North County San Diego Real Estate Market? The new year is usually the low point for housing inventory. As of January 4, inventory had gone down from mid-December. On the other hand, as you can see from the charts below, it’s still much higher than January 18 inventory levels. In addition, we expect more homes to be listed on the market throughout the spring/summer season. Another trend we have seen throughout

North County San Diego Real Estate Market Report – December 2018

This monthly Real Estate Market Report describes the real estate market conditions in Coastal North County San Diego, and how they have changed over the past month and year. What’s Happening in the North County San Diego Real Estate Market? In December, many sellers take their homes off the market for the holidays, and many buyers take a break from shopping for homes. In North County, inventory went down, as predicted. The November sales prices showed

North County San Diego Real Estate Market Report – November 2018

This monthly Real Estate Market Report describes the real estate market conditions in Coastal North County San Diego, and how they have changed over the past month and year. What’s Happening in the North County San Diego Real Estate Market? In most years, as the year winds down, the market slows down with it. 2018 is no exception. Inventory has decreased in some areas, and sales prices went down in October from September. In most cases,

North County San Diego Real Estate Market Report – October 2018

This monthly Real Estate Market Report describes the real estate market conditions in Coastal North County San Diego, and how they have changed over the past month and year. What’s Happening in the North County San Diego Real Estate Market? It might be Halloween season, but there’s nothing eerie about the real estate market. San Diego real estate in 2018 has experienced a steady trajectory of gradual increases, with some corrections along the way. During some

North County San Diego Real Estate Market Report – September 2018

This monthly Real Estate Market Report describes the real estate market conditions in Coastal North County San Diego, and how they have changed over the past month and year. What’s Happening in the North County San Diego Real Estate Market? In spite of the scary headlines, the San Diego real estate market has continued its regular trajectory of steady increases, with some corrections along the way. During some months, the final sales prices have gone up,

North County San Diego Real Estate Market Report – August 2018

This monthly Real Estate Market Report describes the real estate market conditions in Coastal North County San Diego, and how they have changed over the past month and year. What’s Happening in the North County San Diego Real Estate Market? We have seen some scary headlines in the news lately. The reality isn’t quite so dramatic. In San Diego County, resale single family home purchases pulled back in July – down 10% from June. Attached home

North County San Diego Real Estate Market Report – July 2018

This monthly Real Estate Market Report describes the real estate market conditions in Coastal North County San Diego, and how they have changed over the past month and year. What’s Happening in the North County San Diego Real Estate Market? Fortunately for home buyers, inventory has increased moderately since June. Fortunately for home sellers, most areas’ sales prices have increased between May and June. [widget id=”text-31″] In Carlsbad, inventory for both detached and attached homes has increased by 7% between

North County San Diego Real Estate Market Report – June 2018

This monthly Real Estate Market Report describes the real estate market conditions in Coastal North County San Diego, and how they have changed over the past month and year. What’s Happening in the North County San Diego Real Estate Market? Fortunately for home buyers, inventory has increased moderately since May. Fortunately for home sellers, most areas’ sales prices have also increased between April and May. [widget id=”text-31″] In Carlsbad, inventory for both detached and attached homes has increased 7% since early

North County San Diego Real Estate Market Report – May 2018

This monthly Real Estate Market Report describes the real estate market conditions in Coastal North County San Diego, and how they have changed over the past month and year. What’s Happening in the North County San Diego Real Estate Market? Fortunately for home buyers, inventory has increased substantially since April. Fortunately for home sellers, sales prices have also increased in 2018. [widget id=”text-31″] In Carlsbad, inventory for both detached and attached homes has increased over 20% since early April. March

North County San Diego Real Estate Market Report – April 2018

This monthly Real Estate Market Report describes the real estate market conditions in Coastal North County San Diego, and how they have changed over the past month and year. What’s Happening in the North County San Diego Real Estate Market? Fortunately for home buyers, inventory has increased since February. Fortunately for home sellers, sales prices also increased overall between January and February. [widget id=”text-31″] In Carlsbad, inventory for both detached and attached homes has increased a whopping 30% over

North County San Diego Real Estate Market Report – March 2018

This monthly Real Estate Market Report describes the real estate market conditions in Coastal North County San Diego, and how they have changed over the past month and year. But first, a friendly reminder…. Property Tax Bills are Due by April 10th In response to the 2018 tax code changes, some San Diegans paid all property tax for 2017-2018 in 2017. Most homeowners still owe their 2nd installment of 2017-2018 property taxes. If your lender doesn’t

North County San Diego Real Estate Market Report – February 2018

This monthly Real Estate Market Report describes the real estate market conditions in Coastal North County San Diego, and how they have changed over the past month and year. But first…. 2018 Tax Code Changes I am receiving many questions about tax code changes and homeownership. Please check with your tax advisor to determine how the 2018 tax code will affect you. Here are some of the big changes: Mortgage Interest Deduction for 1st and 2nd

North County San Diego Real Estate Market Report – January 2018

This monthly Real Estate Market Report describes the real estate market conditions in Coastal North County San Diego, and how they have changed over the past month and year. But first… 2018 Mortgage Limits Have Been Announced Effective January 1, 2018, the mortgage limit for conventional, VA, and FHA loans in San Diego County is $649,750. The conforming loan limit is $453,100. Loans at or below this amount usually offer the lowest interest rates. Loans between $453,100 and $649,750 are called super

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