Coastalhomefinder.com

It's the end of the first week of September 2009 and in North San Diego Coastal zip codes there are 2060 available properties attached and detached single family homes with 1509 Contingent and Pending. I must tell you the ratios represented here are considerably better than a year ago. We have a new category that we did not have in MLS system last year as well, the Contingent Status.  So what effect will this new status have on the numbers over time? The contingent status right now has a large number of short sales, many of which will not close successfully.  

I hope everyone had a nice long holiday weekend! While I was watching my kids play this weekend, mainly my daughter, I was thinking about some of her expressions she would use when she was a bit younger.

One was "I don't Give a Care" and the other one came into play when she was upset with someone. Once she was upset at her brother and she called him a "Little, Little". It came out more like "yoooouuu Little (pause, pause thinking of a word to call him & when nothing came to mind) Little!"

These phrases have gained a life of their own in our family and show up from time to time in conversations.  So this week my goals are simple, not to be a "Little, Little".  And more importantly, in all of my conversations and interactions with family, friends, clients, and associates, let my actions show I   do "Give a Care".  If you are not a client yet, I welcome the opportunity to spend some time with you and show I do care. We can discover together how to best reach your goals.

   

  

By the way, if you want to search for homes on your Apple iPhone or other cell phone click here.

Here are some active foreclosure and pre-foreclosure Deals in North San Diego Coastal areas

And here are beach area Dream Homes that are incredible!

 

http://www.coastalhomefinder.com/009C8E

There are some cross currents taking place in North San Diego Coastal Real Estate.

Inventory is down overall (for a search in all price ranges, attached & detached homes).

The MSI or Months Supply of Inventory is at 3.9 months, this peaked in November

2008 at 9 MSI. Also, notably comparing August 2008 to August 2009 the median price

is up 10%. Before you get all giddy if you are a home seller or freaked out if you have

been thinking about buying a home, but haven't yet, we are in a very segmented real

estate market in North San Diego Coastal areas. When we look at the same data for

homes priced at $500,000 or below the Months Supply of Inventory of home goes

in to "Sellers Market" territory, with only 1.7 MSI. Looking at the $501,000 to $999,000

price ranges the MSI is at 3.9 months. If you go to the million dollar plus homes the

picture gets considerably less bright if you are a home seller of a property above 1 million

dollars. The MSI in the higher price ranges stands at 19.2 Months Supply of Inventory,

I will say that again, that is right there is 19.2 months supply of homes on the market

 in the million dollar plus range.

The more interesting data is that while overall inventory is down, the numbers of sales

closed in August 2009 is also down from the number of closings in August 2008. Inventory

is down simply due to the fact that less homes are being put on the market right now,

so the months supply of inventory continues to dwindle. Below are some charts that we

can customize to your situation, whether buying or selling you need to know not just what

the overall real estate market is doing in San Diego but what your specific price range and

 zip code are doing.Heck we can even break it down for you by size of home or numbers of

bedrooms. By the way you can search for homes on your Apple iPhone right now this

comes in handy when you are on the road checking homes for sale and the flyer box is

empty. Your flyer box will never be empty again. You can get photos, added info and with

 the click of a button set up an appointment to see a home you are interested in.

Get Your Cell Phone MLS search here. Here are some great deals available now in North San Diego

Coastal real estate.

 

 

 

 

 

 

**These numbers and charts represent data from the cities of: Del Mar, Solana Beach, Rancho Santa Fe, Cardiff by the Sea, Encinitas, Carlsbad and Oceanside over the past 12 months)

http://www.coastalhomefinder.com/009C6F

 

In a recent Forbes magazine article on the 100 most expensive zip codes in the United States the expected local San Diego towns showed up. Rancho Santa Fe has two zip codes that show up in the top 100. Interestingly enough last year's survey of the top 50 zip codes was dominated by the State of California which accounted for 96% of America's 50 most expensive zip codes. In 2009 that figure has dropped below 50%. Link to the story Highlights below.

No. 98: 92037

La Jolla, Calif.

Median Home Price: $1,634,234

No. 87: 92014

Del Mar, Calif.

Median Home Price: $1,721,338

No. 83: 92118

Coronado, Calif.

Median Home Price: $1,734,790

No. 41: 92091

Rancho Santa Fe, Calif.

Median Home Price: $2,323,734

No. 6: 92067

Rancho Santa Fe, Calif.

Median Home Price: $3,362,493

Check out some of these million dollar plus coastal dream homes

Today we have now seen six straight months of increases in the pending homes index Today the National Association of Realtors said its seasonally adjusted index of sales contracts signed in July for previously occupied homes rose 3.2 percent to 97.6. In the West the rise was 12.1%, in Southern California we are clawing its way out from very low levels.

On another note the state of California had a massive garage sale, which has netted the state $1.6 million dollars so far.

 

http://www.coastalhomefinder.com/009C44

So this week we look at the three highest priced detached homes and three lowest priced in North San Diego Coastal communities. Here you go for the 3rd most expensive home for sale right now in the North San Diego Coastal market check out this 20,000 sq ft 9 acre equestrian dream home.

Rancho Los Arboles, a refined expression of Southern California's luxurious yet relaxed lifestyle, located on 9 pristine Covenant acres, this very private resort is a unique and safe haven. Created from the core structure of a 1920's Monterey Spanish estate, the home has been meticulously detailed and updated with every modern amenity. Upon entrance you will be amazed as this exceptional property unfolds to capture your senses.  This Rancho Santa Fe home is one of the most expensive for sale in North San Diego County Coastal. Priced at $35,000,000 here is a link to the tour, check this dream home now! listed by Barry Estates

 

The "Hope Diamond" of estates! Spectacular half acre mansion on the Sand. This unique property was designed by famed architect Bob Ray Offenhauser for the founder of Architectural Digest-Colleen Knapp. The visual result is breathtaking. 5 full bedroom suites, media room, antique imported French fire mantels recently added, 500 year old windows from France, totally upgraded by current owner. Detached guest area with full kitchenette, gym/full workout room, authentic and grand gourmet kitchen...This Del Mar oceanfront home is one of the finest properties for sale in San Diego and the 2nd highest priced home for sale in Coastal North San Diego County right now, the home is priced at a cool $50 million. Listed by Barry Estates

 

 

Tucked away down a quiet drive just west of Highway 101 andsecluded behind a private gate lies your ocean front oasis with over 396 feet of prime ocean front land. This 5.5+ acre property is perched on the bluffs overlooking the Pacific Ocean and is just across from the prestigious Del Mar Racetrack. Del Mar Village and the shops of Solana Beach are both a short walk away. Discover the perfection of living at the waters edge with the ocean as your front yard. A two-story home is standing on the property which allows for rebuilding your own two-story home. This property allows for two single family homes. There are so many unusual qualities about this lot it truly must be seen to be fully appreciated. This prime property is the highest price in Coastal North San Diego County on the market now, priced at $76,000,000. Listed by Prudential California Realty

      

And now the 3 lowest priced detached homes in North San Diego Coastal...

Lowest priced detached home in North San Diego County Coastal is this 2 bedroom 1 bath Oceanside home for $95.000 it is a short sale.

 

 

The 2^nd lowest price home is a Short sale Sold as is. This home is a three bedroom two bath approximately 1288 square feet located in Oceanside for $149,900.

 

The 3^rd lowest detached home in North San Diego County is another short sale this Oceanside home is priced in a range of $170,000 to $200,000 it is a 3 bedroom with approximately 1085 square feet.

http://www.coastalhomefinder.com/009BA4

If you are in the real estate market in San Diego to buy a home and you want to get that 

awesome..can't turn it down..gotta have it deal, your boat may have set sail or maybe Not!

In certain price ranges inventory is significantly lower than a year ago. Those home buyers looking in

North San Diego Coastal neighborhoods under $500,000 are likely to find themselves in a bidding war.

If you check out the graph below you will see there is only 2.7 Months Supply of Inventory if you are looking from $300,000 and below for your next home or investment property. The graph slope is pretty steep from left to right and the inventory is less than half of what was this time last year under $300,000. 

Now for the good news...if you are looking to buy a home in the upper price ranges you will be in a much better negotiating position. You will be getting a deal and there are plenty of great homes to choose from on the market now. If you just hit the lottery, happen to invent Twitter or Facebook and need to find a way to spend some money. Say 3 million to 5 million dollars on a home on the coast in North San Diego County you may just get an incredible deal. There is 55.3 months of inventory. That means if the sales pace stays what it is now it would take just over 4 years to sell all the homes on the market in that price range. This is way, way, way above where the inventory sat last year at this time, just 18.6 months. Check the graph below it paints the picture pretty well.

Search for homes on your iPhone in San Diego Now

http://www.coastalhomefinder.com/009B23