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

North County San Diego Real Estate Market Report – April 2021

Update: The Real Estate Market in North County San Diego Data Source: Mylene’s Real Estate Market Report uses data from CRMLS for 2018-2021 and represents properties listed or sold by various brokers. COVID-19 Update Many homeowners have received some financial assistance through COVID-19 assistance programs and the California property tax penalty cancellation request program. FHFA extended the foreclosure moratorium through June 30, 2021. I’m currently working on an article covering landlord rental assistance, for landlords

North County San Diego Real Estate Market Report – March 2021

Update: The Real Estate Market in North County San Diego Data Source: Mylene’s Real Estate Market Report uses data from CRMLS for 2018-2021 and represents properties listed or sold by various brokers. COVID-19 Update Many homeowners have received some financial assistance through COVID-19 assistance programs and the California property tax penalty cancellation request program. FHFA is extending the foreclosure moratorium through March 31, 2021. In addition, the forbearance allowance period is now 15 months. Since

North County San Diego Real Estate Market Report – February 2021

What’s Happening in the North County San Diego Real Estate Market? Data Source: Mylene’s Real Estate Market Report uses data from CRMLS for 2018-2021 and represents properties listed or sold by various brokers. COVID-19 Update The pandemic has helped to create a market with very few sellers, and very competitive buyers. We continue to follow safety protocols, such as wearing masks and using hand sanitizer. There are no public open houses at this time. To

North County San Diego Real Estate Market Report – January 2021

What’s Happening in the North County San Diego Real Estate Market? Data Source: Mylene’s Real Estate Market Report uses data from CRMLS for 2018-2021 and represents properties listed or sold by various brokers. COVID-19 Update The real estate market remains an essential service, and despite the lockdown, we are as busy as ever. Agents and their clients must follow safety protocols, such as wearing masks and using hand sanitizer. There are no open houses at

North County San Diego Real Estate Market Report – December 2020

What’s Happening in the North County San Diego Real Estate Market? Source: Mylene’s Real Estate Market Report uses data from CRMLS for 2018-2020 and represents properties listed or sold by various brokers. COVID-19 Update As 2020 winds down, buyers, sellers, and agents all feel grateful that real estate sales remains an essential service. In spite of the most recent lockdown, we are as busy as ever. Agents and their clients must follow safety guidelines, such

North County San Diego Real Estate Market Report – September 2020

What’s Happening in the North County San Diego Real Estate Market? Source: Mylene’s Real Estate Market Report uses data from CRMLS for 2018-2020 and represents properties listed or sold by various brokers. COVID-19 Update Real estate sales remains an essential service. In spite of the lockdown, we are as busy as ever. We follow safety guidelines, such as wearing masks and using hand sanitizer, and there are no open houses at this time. Showings are

North County San Diego Real Estate Market Report – August 2020

What’s Happening in the North County San Diego Real Estate Market? Source: Mylene’s Real Estate Market Report uses data from CRMLS for 2018-2020 and represents properties listed or sold by various brokers. COVID-19 Update In spite of the most recent lockdown, real estate remains an essential service. People are still buying and selling homes. Inspectors, appraisers, title and escrow companies, lenders, and real estate brokerages are working diligently to serve them. Inventory The biggest challenge

North County San Diego Real Estate Market Report – July 2020

What’s Happening in the North County San Diego Real Estate Market? Source: Mylene’s Real Estate Market Report uses data from CRMLS for 2018-2020 and represents properties listed or sold by various brokers. COVID-19 Update In spite of all the not-so-great news lately, there is one thing to appreciate: real estate is considered an essential service! This means that people who need to buy and sell homes can still do so. Home inspectors, appraisers, title and

North County San Diego Real Estate Market Report – May 2020

What’s Happening in the North County San Diego Real Estate Market? Source: Mylene’s Real Estate Market Report uses data from CRMLS for 2018-2020 and represents properties listed or sold by various brokers. COVID-19 Update Back in March, when everything was first shut down, I expected lots of changes in the real estate market. I thought that I would finally have a dramatic headline for you! And then… real estate sales was quickly re-classified as an

North County San Diego Real Estate Market Report – February 2020

What’s Happening in the North County San Diego Real Estate Market? Source: Mylene’s Real Estate Market Report uses data from CRMLS for 2018-2020 and represents properties listed or sold by various brokers. Inventory North County inventory has increased slightly since the beginning of the year. In many areas, we are still at early 2018 levels. This has lead to increased buyer demand, which has been resulting in more competing offers. Days on Market The median

North County San Diego Real Estate Market Report – January 2020

What’s Happening in the North County San Diego Real Estate Market? Source: Mylene’s Real Estate Market Report uses data from CRMLS for 2019 and 2020 and represents properties listed or sold by various brokers. Inventory North County inventory has been declining all season. We saw another big decrease between early December and early January: Carlsbad: 18% down Encinitas/Cardiff: 18% down San Marcos: 21% down Vista: 16% down Oceanside: 17% down Escondido: 23% down Days on

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