New Pendings of 15 (37) – thats a good size drop from last week
Thats +3
Closed sales at 45 –
Total houses for sale 34 (55) with median of $2.17M ($1.995M)
The numbers are still much the same but Im starting to feel a slight change. Recent sales have come in 200 to 400K above asking and rather then listing a little low and letting the buyers bid things up, I get the sense the new listings are pushing a little harder than they should on price. That could slow things down a little bit which wouldnt be the worst thing. Something i’ll be watching.
The attached market in S Carlsbad is roaring in a way Ive not seen before. Listings dropped back but pendings still high. Nothing sits on the market more than a week or two anymore. More and more Im feeling the SFR capitulators at work here.