The competitive housing market continues, with limited inventory (although with improvement in some areas), strong buyer demand and competition for many properties, and increasing prices in North San Diego County. You’ll find the specific details for May 2021 for 11 North San Diego County communities below.
The data are derived from the MLS, and are believed to be accurate at the time these reports were written, but are not guaranteed.
It’s important for me, as a local Realtor, to be educated about the local housing market conditions (inventory, pricing, days on market, buyer demand), so I can assist buyers and sellers as much as possible, and guide them appropriately, when important buying and selling decisions must be made.
Local market conditions have a substantial impact on buying and selling because of competition (supply and demand), time on the market, list prices versus sales prices, and multiple offers. Over and over we see that real estate truly IS local!! (READ – Real Estate is Local, but HOW Local?).
I imagine you have wondered HOW the real estate market is doing, particularly given all the news headlines about inventory and prices, even if you don’t plan to buy or sell at this time!
But it you are thinking of a purchase or a sale, or both, a well-done market report will provide you with some important information. I’m happy to share insights on what the market trends mean for your decision making, timing, expectations, etc. depending on what housing market segment you are interested in. It might be a particular zip code or neighborhood, a style of house (attached [condo, townhome, twinhome] vs. a detached single family home), a particular size, or a specific price range, for example below $850,000.
I share my monthly Carlsbad market report on this blog (here’s the one for May 2021 in case you didn’t see it), but post my other monthly market reports on my ActiveRain blog – the largest online real estate community around!
You can check them all out here (link is to my ActiveRain blog home page), along with other articles about real estate issues, area communities, and general information, or click on the individual market report links below to see the MAY 2021 statistics. Last month was a busy time for buyers, sellers and their agents, with some shifts in prices, inventory, and sales volume!
Please feel free to call or text me at (760-840-1360), or email JeffDowlerSolutions@gmail.com, so we can discuss any questions about your personal housing situation and budget, and real estate decisions you plan to make now or in the future. It’s a very competitive market, favoring sellers in general, and there are important issues to be aware of, whether you are selling or buying, or perhaps doing both!
Please reach out to me at (760) 840-1360 directly or by text if you want more information about the local housing market, have real estate questions, or would like to know more about the market and equity value of your home.
You can also email me at JeffDowlerSolutions@gmail.com.