The Market in a Nutshell

Updated: Nov 29, 2021

“I wish that every day was Saturday and every month was October.” — Charmaine J. Forde

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San Diego Market Update


The San Diego real estate market is as hot today as it has been since May 2020. October through the week leading up to Thanksgiving will be the final push for both buyers and sellers before the holidays begin and the frenetic pace of the market will slow--slightly. Fewer homes will come on the market between Thanksgiving and the end of the year, depleting our anemic inventory further. Buyers who believe they will have more negotiating power in November and December due to fewer buyers active in the market will likely be disappointed. As I tell anyone who asks: Buyers: when you find the right home for your 5+ year needs, move on it; 2022 will not be any easier. Sellers: price your homes in line with the pending sales and the market will reward you with strong offers and terms that will favor you.

Contact me if you want to discuss your specific real estate situation and we'll put a plan in place that is right for you.

 

Just Listed!

1840 Century Way, Escondido 92026

4 Bed + 1 Opt Bed | 2.5 Bath | 2,251 SF


Elevated from the street, sited on a beautifully manicured ~6500 sq ft lot, is a split-level home with seamless indoor-outdoor flow and over $230,000 in quality improvements. This home proudly features 4 bedrooms plus a flexible 5th bedroom/office/den, 2.5 bathrooms, formal and informal dining, and a great room connected to the kitchen and to the renovated, wrap-around yard. The paid-for, 7.2-megawatt solar energy system covers everyday energy use, including heating the luxurious Sundance Spa. Kent Ranch is a community of 153 single-family homes and 2 community parks, located in northeast Escondido, with easy access to the 78 and 15 freeways, and just 10 minutes from Dixon Lake recreation center.

 

Recent Sales Activity


3023-3027 Olive Street

North Park Duplex

PENDING 3023 Olive | Back Unit | 1+ BD | 1 BA | 656 SF 3027 Olive | Front Unit | 2 BD | 1 BA | 1,122 SF Representing Seller


26788 St Andrews Lane

PENDING Valley Center

5 Bed | 4.5 Bath Representing Buyer



1464 Carpinteria Street

SOLD Otay Ranch

4 Bed | 3.5 Bath Represented Seller

 

Local Events

Carlsbad Music Festival

October 9th, 2 - 4 PM

Come on up to St. Michael's by the Sea and enjoy four different live musical performances! Aside from amazing music, bring the whole family and enjoy an array of different food trucks, craft beer, and much more. For COVID-19 safety, this event will be held entirely outdoors. Doors open at 1:30 PM, don't be late! Tickets here.


La Jolla Art & Wine Festival

October 9 - 10th

This iconic festival returns for its 12th year with even more prestigious art, international wine, craft beer, and family fun. There is truly something for everyone to enjoy, including live music, family art center, gourmet food, and a wine, craft beer, and spirits garden featuring local brews, distilleries and global wineries. Tickets and details found here.


Taste of North Park - October 9th Enjoy food from over 40 of the neighborhood's best restaurants, beverages from the region’s best brews, spirits, kombucha, and boba. Embark on a self guided tour with ticket and map in hand as you explore this eclectic and vibrant neighborhood with its many unique shops and galleries. Tickets are limited, click here!


SoCal Taco Fest - October 23rd

This Fall's festival will bring back many of the eclectic activities that make this festival a sell-out every year, starting with 25 of the best taco restaurants in Southern California, a lineup of national and local music acts headlined this year by multi-platinum recording artist Flo Rida! General Admission tickets are $35 and include entrance to the festival and all entertainment.


 

Lifestyle Tips & Tricks

Here's Why Fall Is the Perfect Time for Some Major Landscaping Landscape architect Margie Grace of Grace Design Associates and Joe Raboine, director of Belgard Residential Hardscapes, share emerging landscaping trends to help us prepare our landscapes for a season of hosting, harvesting, and finding solace in the great outdoors. The Best Places to Travel in October

As much as we love beach lounging in summer and exploring snowy wonderlands in winter, there's something extra special about traveling during the fall. Aside from fewer tourists and lower prices, October brings harvest festivals, Halloween parties, and the best foliage of the year. Courtesy of Condé Nast Traveler



Noel Wheeler

REALTOR

619-890-2877

DRE#01373389

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