A fun March 2021 snapshot of real estate statistics, rates and trends, here in North County, San Diego, CA. Includes our popular beach communities of Oceanside, Carlsbad, Encinitas, Cardiff, Solana Beach, Del Mar and La Jolla.
20% - Annual Appreciation
3.1% - Today's Loan Rate
4% - Annual Rental Price Change
Remember, this is regional data, keep me posted on what you're keeping an eye on.
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525 Liverpool Dr, Cardiff, CA 92007
The real estate market was on fire during the second half of 2020. Buyer demand was way up, and the supply of homes available for sale hit record lows. The price of anything is determined by the supply and demand ratio, so home prices skyrocketed last year. Dr. Lynn Fisher, Deputy Director of the Federal Housing Finance Agency (FHFA) Division of Research and Statistics, explains:
“House prices nationwide recorded the largest annual and quarterly increase in the history of the FHFA Home Price Index. Low mortgage rates, pent up demand from homebuyers, and a limited housing supply propelled every region of the country to experience faster growth in 2020 compared to a year ago despite the pandemic.”
Here are the year-end home price…
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193 Pacific View Ln, Encinitas, CA 92024
Jeremiah sold me my home in 2010 and just helped me sell it. From the first day I hired Jeremiah he never let me down. He stayed in contact with me on a weekly basis with updates. Also explained each process of my sale as we went along. Great customer service and an amazing person.
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5972 Avenida Chamnez, La Jolla, CA 92037
San Diego, CA - North County median home prices +5.9% in February 2021 compared to prices in January 2021 (+20.2% from February 2020 and +10.1% year-over-year).
North County San Diego Market Report | Mortgage Loan Rates News
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3849 Creststone Pl, Carmel Valley, CA 92130
