I can only go back to 1996 but here is 92024 Encinitas sales volume.
2009 – 481
2008 – 431
2007 – 532
2006 – 567
2005 – 681
2004 – 745
2003 – 902
2002 – 819
2001 – 749
2000 – 812
1999 – 863
1998 – 837
1997 – 822
1996 – 652
1995 – 454 (this is the first year of MLS data and I beleive it’s a bit on the the light side)
So there it is. Sales volumes are about half peak volumes. Encinitas Ranch was built between 1997 and 2003. Each year at least a hundred new homes were sold those years.
Sales volumes have been well below 1996 sales volumes for 4 connsecutive years. They are around the same as 1995 when 92024 real estate was barely being sold in the opinion of many oldtimers I know.
Tell me again we dont have a large amount of pent up demand building.
