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Carmel Valley
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Posted by on Jan 19, 2013 in Actives/Pendings, Market Buzz | 0 comments | Print Print

Actives/Pendings

We’ve compared active listings to pendings, and have seen how a 2:1 ratio is where a market seems healthy and balanced. Here are the active vs. contingent/pending listings of detached-homes:

Region/Area ACT listings C+P listings Ratio
NSDCC South
664
398
2.95:1
NSDCC North
209
244
0.86:1
SD County
3,086
4,435
0.70:1

The lower-end is cooking, and sellers are enjoying parades of shoppers during the first week of being on the market. Is it healthy and balanced to have more pendings than actives? Sellers think so!

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