
As a buyer or seller in the Encinitas real estate market, you need to understand the market conditions so you can make a more informed decision about what to do with regard to buying or selling your Encinitas home.
Here’s what happened in the Encinitas real estate market for January 2012 based on statistics from the MLS (private sales are not included nor are manufactured, mobile or multi-family homes). These data are deemed reliable but are not guaranteed due to how data may be entered into the MLS system.
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In January 2012, 29 homes sold in the Encinitas real estate market, 41% fewer than in December. Here’s the breakdown of overall activity.
|
|
TOTAL HOMES |
Detached |
Attached |
|
Number |
29 (down 41%) |
20 (down 41%) |
9 (down 40%) |
|
Days on Market |
54 |
69 |
40 |
|
Average Sales Price |
$893,355 (up 9%) |
$1,0146,715 (up 11%) |
$330,333 (up 2%) |
|
Average Sale $/List $ |
96% |
96% |
96% |
Home sales in January declined across the board fairly significantly. At the same time average sales prices increased. Buyers in the Encinitas real estate market can expect, on average, to negotiate about 4% off the asking price based on recent sales.
There were 44 homes with a Contingent status at the end of January (i.e., short sale and foreclosure homes having offers that are being considered by the lenders), about the same as last month. These homes are considered Active and are included in the overall statistics.
For January 2011 the Encinitas real estate market saw a 4% decrease in inventory, with 213 Encinitas homes for sale at the end of January (versus 221 last month), the 3rd month of decline, making the Encinitas market a bit tighter for buyers.
This represents an inventory of 4.2 months for attached homes, down from 4.3 months in November, and 5.2 months for detached homes at the current rate of sales, up from 4.9 months in December (over a 6-month sales period). The Encinitas real estate market remains competitive for buyers and is trending toward more of a seller’s market for attached homes.
READ MORE: How Important is Inventory when Buying or Selling? Very!!
70 Encinitas homes came on the market in January as compared to 44 last month; we also saw an increase in the number of homes going pending in January (excluding homes that actually sold in January), from 28 to 44 (up 57%).
These data are based on information provided by the MLS for homes that went under contract in the last couple of months. More details about the Encinitas real estate market can be provided with regard to current activity as well as within specific areas such as Encinitas Ranch, Leucadia and Olivenhain.
Watching the trends over time, as opposed to focusing on the data for one particular month, are more revealing and informative, and will provide a better sense of what is happening in the Encinitas real estate market. If I can provide more specific information or answer any questions, please let me know.
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READ MORE:
Encinitas Homes for Sale – What Happened in the Encinitas Real Estate Market in December 2011?
Encinitas Homes for Sale – What Happened in the Encinitas Real Estate Market in November 2011?
Encinitas Homes for Sale | Encinitas Real Estate Market Report for October 2011
Encinitas Homes for Sale | Encinitas Real Estate Market Report for September 2011
Encinitas Homes for Sale | Encinitas Real Estate Market Report for August 2011
Encinitas Homes for Sale | Encinitas Real Estate Market Report for July 2011

The La Jolla real estate market is one of the most expensive in San Diego County. A visit to La Jolla on-line, or better yet in real life, will quickly give you a good sense of why this is so.
La Jolla, “The Jewel,” is an extraordinarily beautiful coastal community with many homes offering fabulous views of the ocean from the hills, and a trendy, very up-scale village offering the finest in shopping and dining. La Jolla is often compared to the French and Italian Rivieras with wonderful ocean and coastline vistas from the hills, amazing homes, beautiful architecture, and a terrific year-round climate, attracting visitors from around the world.
READ MORE:
La Jolla Real Estate – A Jewel on the San Diego Coastline
La Jolla California - VIDEO Tour of this Jewel by the Sea
Mt. Soledad in La Jolla California – Forever Views of San Diego and La Jolla
Walkable Neighborhood Series – Real Estate in Upscale, Affluent La Jolla Village
Having current, local information on the La Jolla real estate market is essential so you can make informed decisions about your home buying and selling in La Jolla. Despite the shift in prices over the last 5+ years, La Jolla remains an expensive real estate market, particularly for ocean view and ocean front homes.
The La Jolla real estate market saw 26 homes sell in January 2011, a decline by 48% from December sales. Here’s a summary of the real estate activity (these MLS summary data do not include private sales, and are believed to be accurate but are not guaranteed).
|
|
TOTAL |
DETACHED |
ATTACHED |
|
# SOLD |
26 (down 48%) |
14 (down 39%) |
12 (down 56%) |
|
Average $ |
$1,053,552 (down 26%) |
$1,448,596 (down 40%) |
$592,666 (up 8%) |
|
DOM |
106 |
53 |
168 |
|
Sale $/List $ |
92% |
89% |
95% |
The volume of sales in the La Jolla real estate market decreased significantly, by almost half, from December sales, which is similar to the pattern of decreased sales we saw in some other North County communities in January. The holidays and post-holiday period may have been having an impact on people’s purchases.
Average sales prices declined for detached homes, but rose for attached. Buyers are still negotiating for their homes, off list price by 5 – 11% on average.
25 La Jolla homes (7% of the total) had a contingent status at the end of January (these homes are still considered active, but have offers that are being considered by either the short sale or REO lenders).
There were 350 La Jolla homes on the market at the end of January, just 4 more than in December. This translates into an inventory of 8.8 months for detached homes (the same as last month), and 7.3 months for attached (up from 6.1 months in December), based on the rate of sales over the last 6 months.
READ MORE: How Important is Inventory when Buying or Selling? Very!!
116 homes entered the La Jolla real estate market in January, almost 3 times as many as in December (up 190%) which should make buyers happy, with 40 homes going pending, 74% more than the December pendings.
If you would like more detailed information about the La Jolla real estate market, or would like to know more about specific residential areas and their market conditions (the Village, Muirlands, La Jolla Shores, La Jolla Farms, Bird Rock, Mt. Soledad, Windansea) please let me know.
Search for Homes for Sale in La Jolla CA
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READ MORE:
La Jolla Homes for Sale – What Happened in the La Jolla Real Estate Market in December 2011?
La Jolla Homes for Sale – What Happened in the La Jolla Real Estate Market in November 2011?
La Jolla Homes for Sale | What Happened in the La Jolla Real Estate Market in October 2011?
La Jolla Homes for Sale | La Jolla Real Estate Market Report for September 2011
La Jolla Homes for Sale | La Jolla Real Estate Market Report for August 2011
La Jolla Homes for Sale | La Jolla Real Estate Market Report for July 2011

Escondido is an inland community, about 15 miles from the coast adjacent to San Marcos. Like its neighbors, San Marcos, Vista and Oceanside, Escondido has seen fairly significant shifts in the real estate market with a large number of short sales and foreclosures.
READ MORE: A Tour of Escondido – A Diverse Inland San Diego Community
As a buyer or seller in the Escondido real estate market, understanding recent trends and current market conditions is essential so you can make informed decisions; media reports focus on general market conditions and therefore will not provide an accurate picture of the local Escondido real estate market.
The following data are taken from the San Diego MLS (private sales are not included in these statistics, nor are multifamily properties or mobile/manufactured homes). The data are believed to be reliable but are not guaranteed.
In January 2011 there were 101 homes sold in the Escondido real estate market, down 34% from December. Sales dropped fairly significantly as we have seen in other communities; average sale prices also decline but modestly. Buyers were able to negotiate, on average, about 4% off sales price.
Here’s the breakdown of overall activity.
|
|
TOTAL |
DETACHED |
ATTACHED |
|
# Sold |
101 (down 34%) |
84 (down 35%) |
17 (down 29%) |
|
Average $ |
$317,138 (down 5%) |
$354,475 (down 4%) |
$132,647 (down 1%) |
|
Days on Market |
98 |
107 |
53 |
|
Sale Price/List Price |
96% |
96% |
96% |
There were 236 Escondido homes (33% of all active properties) on the market with a Contingent status, i.e., short sale or REO homes that have offers being considered by lenders. These are included in the statistics below.
At the end of January 2011 there were 657 Escondido homes for sale, about 6% more homes than in December, in contrast to the drop in inventory we saw for many communities in January. This represents an inventory of 4.1 months for attached homes (up from 3.7 months in December) and 4.8 months for detached homes (up from 4.2 months in December), based on the current rate of sales over the last 6 months. Thus the market remains tight for buyers but loosened up a bit.
READ MORE: How Important is Inventory when Buying or Selling? Very!!
In January 242 homes came on the market, a whopping 90% increase from December…good news for Escondido home buyers following 3 months of declining inventory. The number of homes going pending (132) also increased, by 32%, from December pendings (100), a good sign for the Escondido real estate market.
I am happy to provide more information about current real estate activity in the Escondido real estate market and answer any questions that you may have about current market conditions.
SEARCH FOR ESCONDIDO HOMES FOR SALE
READ MORE:
Escondido Homes for Sale – What Happened in the Escondido Real Estate Market in December 2011?
Escondido Homes for Sale – What Happened in the Escondido Real Estate Market in November 2011?
Escondido Homes for Sale | Escondido Real Estate Market Report for October 2011
Escondido Homes for Sale | Escondido Real Estate Market Report for September 2011
Escondido Homes for Sale | Escondido Real Estate Market Report for August 2011
Escondido Homes for Sale | Escondido Real Estate Market Report for July 2011
I do a fair amount of previewing of homes, especially for relocating buyers who do not know the area and are not nearby to explore.
I expect you do the same, even for clients in your area.
So often what sounds great to the buyers in the MLS turns out not to be quite what they want, because of location, views, interior configuration, or other issues. I don’t want to waste their time when they are in town for a house-hunting trip.
And I like to be prepared, if time permits, so we don’t walk into a home based on MLS info and find it not at all like it is described, or to find some other condition that is conveniently not mentioned – the autobody shop next door, the room called a bedroom without a window or closet.
Previewing helps me better understand my clients’ needs and I can provide feedback to them. I also get to know the neighborhood.
So what do I take in my House Preview Kit?
MLS SHEETS WITH ALL THE DETAILS – I can verify accuracy of information, like number of bedrooms and baths, and other details.
CAMERA – a must, as I always take a bunch of photos to share with buyers who are out of the area (I ask permission). So often the MLS has only a few photos that really are not helpful. And I take photos of the exterior, the yard, the neighborhood, and views (if any).
VIDEO CAMERA – my new camera takes great HD video but I still like my Flip camera in terms of ease, and the size of the video file. Buyers enjoy getting a video tour of the home and of the nearby area.
MEASURING TAPE – you never know when you might need it, and some buyers have had very specific size requirements that are not addressed in the MLS – the width of a hallway or a particular door. I always remind them that they should check this out themselves, too.
DROID – there are several reasons. First, if I want to quickly upload a photo or video I can (and it helps if my brain goes dead and I forget the digital and video cameras).
Also, have YOU ever walked a potential buyer through a home on the phone? I have, many times. I have found it useful to get the buyer(s) on the phone while I am touring so I can describe things as I see them and answer their questions in real time.
Lastly, there are sometimes important questions that often come up that require a quick call to the listing agent.
BUYER FILE – this has all my notes, copies of MLS sheets, and in particular those details the buyers have told me are a MUST HAVE that may be something I won’t necessarily remember. And if the buyers have completed the Lifestyle Questionnaire or What’s Important in Your Home Search Questionnaire I have those bits of information to check out while previewing.
NOTE PAD – gotta have something to jot notes down, questions, or to sketch out a rough floor plan.
On my way now to see a few things for several sets of out-of-state buyers. Thanks for stopping by!
2/12/12 NOTE: I just downloaded a COMPASS and LEVEL app for my Droid. I have gotten a number of questions from buyers about "what direction does this house face?" Now I can offer an answer that is hopefully better than a guess.

As a buyer or seller in the Rancho Santa Fe real estate market, having information about the current market conditions will enable you to make an informed decision regarding what to do with regard to buying or selling a Rancho Santa Fe home.
The Rancho Santa Fe real estate market is very localized, and the most expensive community, on average, in San Diego County. Knowing what is going on in the market with regard to inventory and sales is important for making a buying or selling decision. Finding comparables for determining price for either a listing or a purchase can sometimes be tricky since many high-end properties are unique.
READ MORE:
Rancho Santa Fe - Luxury Home Buyer's Paradise in San Diego
Walkable Neighborhoods – Rancho Santa Fe Real Estate Near Ranch Santa Fe Village
Rancho Santa Fe Homes – The Crosby: Golf Community Extraordinaire
Here is a summary of the Rancho Santa Fe real estate market for January 2011 based on information provided by the MLS (private sales are not included). These data are deemed reliable but are not guaranteed.
· Total sales for January declined from December, with 15 detached Rancho Santa Fe homes sold (down 17%); only 1 attached home sold in contrast to 3 last month.
· The average sales price of the detached homes sold was $2,929,928, up 40% from December’s average sales price (no doubt due to the sale of 2 homes between $4 and $4.5 million and 1 at $6 million).
· The attached home sold for $650K as compared to the average sales price of attached homes in December at $554,666, taking only 26 days to sell at 98% of list price
· Average marketing time for the detached homes was 261 days (compared to 151 last month).
· The detached homes sold, on average, for 92% of asking price. Buyers negotiated a fair amount off asking prices on their home purchases, averaging 8%.
As of the end of January there were 13 homes in the Rancho Santa Fe real estate market with a Contingent status (i.e., short sale and REO homes that had offers being reviewed), the same as last month, and these are included in the Active statistics below.
As of January 2011 there were 226 Ranch Santa Fe homes for sale (95% of these are detached), just 4 fewer than last month. This represents an inventory of 10.3 months for attached homes (down from 16.1 months in December), and 15.7 months for detached homes at the current rate of sales (based on a 6-month period), which is up from 10 months in December.
The number of Rancho Santa Fe homes coming on the market in January increased significantly to 34, up from 13 last month, with 13 homes going pending during the same period, about the same as last month (14).
READ MORE: How Important is Inventory when Buying or Selling? Very!!
Data are based on information provided by the MLS for homes that went under contract in the last couple of months. If you would like more details about the Rancho Santa Fe real estate market with regard to current activity as well as the specific areas such as Fairbanks Ranch and the Covenant, please let me know.
SEARCH FOR HOMES FOR SALE IN RANCHO SANTA FE CALIFORNIA
READ MORE:
Rancho Santa Fe Homes – What Happened in the Ranch Santa Fe Real Estate Market in December 2011?
Rancho Santa Fe Homes for Sale | Rancho Santa Fe Real Estate Market Reports for October 2011
Rancho Santa Fe Homes for Sale | Rancho Santa Fe Real Estate Market Report for September 2011
Rancho Santa Fe Homes for Sale | Rancho Santa Fe Real Estate Market Report for August 2011
Rancho Santa Fe Homes for Sale | Rancho Santa Fe Real Estate Market Report for July 2011
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