Short sales 2,199 up from 2,113 last week! Increases are steady but there hasnt been a surge in the velocity.
Total SD County Listings 17,243 a very small climb from 17,075 last week. Inventory has not flooded the market and I dont think it will.
Quick update on NC Coastal. Active listings are flat (457 to 463) and pendings (in escrow) are also (169 to 174). Not much change here. I dont have my data from the last few years to check against the pattern and will try to get to it later.
In Carmel Valley, the market is smokin hot, inventory is pretty low and the supply/demand in balance. For the sake of consistentcy, I based these numbers on the top of the range where range pricing was used. Not perfect but you need to put a line in the sand somewhere. I also pulled out new homes and those in the Poway school district.
There are 30 homes in 92130 under $1M and 22 in escrow.
Between $1M and $1.25M its 27 on the market and 19 in escrow.
Between $1.25M and $1.5M its 27 active and 7 pendings which is the only real sign of weakness in CV. To be fair we should probably pull out Stratford which are 2BR single level homes and basically cater to RSF wannabe retirees from what I understand. That would make it 22 active and 6 pendings.
Between $1.5 and $2M its 21 actives and 7 pendings which is pretty strong for that price range.
