I called our local market ‘stable’ the other day.
Zillow doesn’t have us in America’s Top 10, but their 58.3 gets us into the Seller’s-market category which sounds stable enough.
They have slightly increased their 12-month optimism too:
NW Carlsbad – 92008
SE Carlsbad – 92009
SW Carlsbad – 92011
Del Mar – 92014
Encinitas – 92024
La Jolla – 92037
Rancho Santa Fe – 92067
Carmel Valley – 92130
Local home appreciation in the 2% to 4% range over the next year sounds healthy enough, even if it ends up happening mostly over the next 2-3 months.
The NSDCC inventory is staying in check….so far!
The first Inventory Watch of the spring selling season is tomorrow. Here we go!
