September 25, 2008
Poway Condos Sell for Over 100% of List
Around the Carlsbad area, all homes are getting a slight discount to list price. Sale-to-list prices don’t t represent the overall trend of prices, just where the discounts from list are to be had. In Poway,there were no such deals: condos sold at 100.1% of list. Only two deals are in the sample, though. The best discounts on condos were in Del Mar, at 92.2% of list price.
All this data and more becomes clear at our Red Carpet Events. The slides from last night are here.
Carlsbad Area Condos, July 22- Sept 22 2008
| Zip | City | # Deals | Final v. List | Average Price |
| 92008 | Carlsbad detached homes | 5 | 97.6% | $632,750 |
| 92009 | Carlsbad detached homes | 20 | 97.9% | $398,706 |
| 92010 | Carlsbad detached homes | 4 | 96.4% | $395,985 |
| 92011 | Carlsbad detached homes | 7 | 98.3% | $537,764 |
| 92014 | Del Mar detached homes | 7 | 92.2% | $931,000 |
| 92024 | Encinitas detached homes | 10 | 95.9% | $590,279 |
| 92064 | Poway detached homes | 2 | 100.1% | $304,500 |
| 92069 | San Marcos detached homes | 4 | 98.7% | $206,325 |
| 92075 | Solana Beach detached homes | 5 | 95.4% | $642,480 |
| 92078 | San Marcos detached homes | 21 | 94.5% | $314,852 |
| 92130 | Carmel Valley detached homes | 12 | 97.0% | $421,854 |
Carlsbad Area Houses, July 22- Sept 22 2008
| Zip | City | # Deals | Final v. List | Average Price |
| 92008 | Carlsbad detached homes | 16 | 98.4% | $578,615 |
| 92009 | Carlsbad detached homes | 34 | 95.9% | $874,059 |
| 92010 | Carlsbad detached homes | 5 | 97.7% | $467,280 |
| 92011 | Carlsbad detached homes | 18 | 97.1% | $879,282 |
| 92014 | Del Mar detached homes | 10 | 93.3% | $1,723,124 |
| 92024 | Encinitas detached homes | 23 | 97.7% | $938,163 |
| 92064 | Poway detached homes | 21 | 97.2% | $727,830 |
| 92069 | San Marcos detached homes | 32 | 99.8% | $386,928 |
| 92075 | Solana Beach detached homes | 10 | 96.9% | $1,743,244 |
| 92078 | San Marcos detached homes | 23 | 96.9% | $507,408 |
| 92130 | Carmel Valley detached homes | 23 | 94.4% | $1,467,573 |
greg hay said:
Any chance of breaking out the info with regards to foreclosed/bank-owned properties? I would imagine that those numbers track differently.
It would also be nice to see a 6-month and even a 12- month break-out alongside the 3-month, to see how it trends.
September 27, 2008 10:30 AM
San Diego's Mikey said:
These trends still astonish me in the midst of a loan/housing “crisis”
October 7, 2008 4:09 PM
Ellie at Redfin said:
Hey Greg,
Thanks for the comment. We’ll look at that next time we get down to San Diego for an event.
Ellie
October 7, 2008 4:19 PM