SD MLS Numbers and Summary

[SD Realtor]

I thought maybe it would be useful to look at some San Diego County numbers. Also just a note, it seems that some buyers have definitely come out of late. My landlord informed us that he is selling his home. We rent off of Calle Cristobal and he had 4 people come by so far and has been on the market 2 days. Also I see the pendings in certain areas have picked up. Any other comments from Realtors would be useful. Also if anyone wants any numbers on certain zip code just post the request here. I will try to update the numbers weekly.

The numbers were gathered using the Sandicor MLS, no shadow zips.

Total Actives (Detached) all SD County 9769
Total Actives (Attached) all SD County 5424

Pendings Detached – 2085
Pendings Attached – 1496

[contentrenter]

Thanks for the generous offer. Could you please check on downtown from time to time? The zip is 92101.

[PerryChase]

SD Realtor, with the flux in the market, many properties get list and withdrawn. It is possible, on to MLS, to go back and view when and how much a home was listed for? I guess, that the more often as seller lists, the more “desperate” he is.

[SD Realtor]

Hi Perry –

Astute observation. The MLS search mechanism is somewhat crude. For instance, you can do a search on actives, pendings, solds, cancelled, withdrawns etc…You can specify timeframes as well. For instance, show me how many sales or cancellations occurred for listings that came off the market between oct 1 – oct 30, 2006. If you listed your home, and then your listing was expired or cancelled, then you relisted, your active listing is considered new. This is not the case for withdrawn because under withdrawn status you are still under contract. The clock stops (with regards to the days on the market) and when the listing is moved from withdrawn back to active the clock starts again.

One very useful item in the MLS is the listing history. You can look at the listing history for INDIVIDUAL listings and it gives you the chronology of the listing, like when the prices have changed. Again though, the history is ONLY for that particular active listing. The history will never tell you that that listing ever expired or cancelled.

*****

Unfortunately when you go to the statistics page you get overall information, not information on individual listings.

Say I did a search on actives for a particular zip code, and found there were 110 actives and then I did a search on expired/cancelled/withdrawns for the same zip code for homes that came off the market within the past 90 days and found there were 50, I would have to manually look at each list and cross compare to see what you are looking for. The MLS may have a way to automatically do it but I do not know of it. Other Realtors may and hopefully they will post it.

[SD Realtor]

contentrenter –

Currently there are 492 active listings and 94 pendings in 92101.

Since 11/1/06 there have been 54 solds, 250 expireds, 40 withdrawns, and 83 cancelleds.

[PD]

Here is a very interesting graph for trustee deeds>
http://www.sddt.com/Finance/EconomicIndicators.cfm

[Anonymous]

There was an interesting post on January 11, 2007 on Housing Doom Bubble Blog. DataQuick is overstating California sales because their software does not distinguish between a deed and a trustee deed, so that a foreclosure is counted as a sale. It also mentioned that Zillow is doing the same thing. Are any of the blogs out there adjusting the sales data to show what is really going on with sales vs. foreclosures?

[Anonymous]

That’s a neat graph, PD; thanks for the lead.

Changing the ‘start’ year to 1982 (earliest year), we’re already at 50% of peak foreclosure rate during the last downturn. The rate of increase in foreclosures during this downturn appears much higher than the rate of increase during the last downturn (matching the notice of default data that I track quarterly).

Change the range to 1992 through 1998: foreclosure activity remained at peak level (400-600 per month) for 4 1/2 years before it started moving down again. I guess it took a long time for the effects of the real estate slowdown to be felt by all who were at risk.

Last week, I told my wife that, if we want to buy at the absolutely lowest price possible here in La Jolla, it may be another five-to-seven years. She was not happy.

How do you like the Daily Transcript? Is it a useful supplement to the (slim) business section of the Union Buffoon?

[Ranjan]

Hello SD Realtor

Could you please find the same numbers for 92127,92128,92129 zip-codes?

Thanks

[SD Realtor]

Hi Ranjan –
Active Pending
92127 – detached – 199 47
92128 – detached – 140 48
92129 – detached – 86 30

SD Realtor

[(former)FormerSanDiegan]

SD Realtor –

Before someone asks for all of 92xxx …

How about 92106, 92110, and 92117 ?

Thanks.

[SD Realtor]

Hi FSD –

Again I searched for detached only
Active Pending
92117 74 31
92106 85 17
92110 40 4

SD Realtor

[PD]

Do you have the numbers for 92118?
Are historical numbers for closings available? I would really like to know how many homes sold each month for a far back as is available.
Thank you!

[SD Realtor]

Hi PD –

Yeah historical numbers are available and you can get them month by month. It would take me awhile to do that so I will have to pass. I would have to do a month by month search on SOLDS. If I had less on my plate I could do this for you but right now I am swamped.

However, you can go to dqnews.com to get the dataquick numbers for san diego on a per zip code basis. Unfortunately the charge you for archives for the past which sucks. I would bet you can get them from the county as well. These would actually be more accurate because they would cover fsbo where the MLS does not.
actives pendings
92118 detached – 110 23

SD Realtor

[PD]

Thank you for the info.

[Author]

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