NSDCC Actives/Pendings

by | Feb 3, 2019 | Actives/Pendings, Jim's Take on the Market | 0 comments

Active/Pending stats for detached-homes between La Jolla and Carlsbad:

Reading Date
Actives
Pendings
A+P
A/P
Oct 28, 2015
970
358
1,328
2.71
Feb 1, 2016
788
254
1,042
3.10
Mar 23, 2016
900
399
1,299
2.26
June 21, 2016
1,052
428
1,480
2.46
Aug 17, 2016
1,060
395
1,455
2.68
Dec 4, 2016
886
327
1,213
2.71
Apr 21, 2017
842
427
1,269
1.97
July 16, 2018
973
357
1,330
2.73
Oct 28, 2018
985
297
1,282
3.31
Feb 3, 2019
774
232
1,006
3.34

NSDCC Actives Median List Price = $2,250,000 in October. It’s $2,275,000 today.

NSDCC Pendings Median LP = $1,399,000 in October. It’s $1,312,500 today.

The pendings are just a little slower, but we’re about the same as in 2016.  We’ve had it so good for so long, we really shouldn’t be concerned if the market backs off a tad from here.  Let’s check again towards the end of March!

Here are the Actives/Pendings ratios for each area:

Area
Zip Code
June 2016
Aug
Dec
Apr 2017
July 2018
Oct
Feb 2019
Cardiff
92007
2.3
3.5
1.1
1.0
2.5
2.6
2.3
Carlsbad NW
92008
2.0
2.3
1.3
1.2
2.9
4.7
1.8
Carlsbad SE
92009
1.6
2.0
1.9
1.0
1.3
2.8
1.9
Carlsbad NE
92010
0.7
0.9
1.3
0.9
1.1
2.2
1.4
Carlsbad SW
92011
1.6
1.5
1.3
1.1
2.4
1.3
1.4
Del Mar
92014
3.2
2.5
4.9
3.3
9.4
6.6
7.1
Encinitas
92024
1.3
1.8
1.8
1.6
2.0
2.0
2.1
La Jolla
92037
4.8
4.4
4.4
3.7
4.4
4.8
6.3
RSF
92067
8.2
6.3
6.3
5.2
4.6
4.8
10.5
Solana Bch
92075
2.9
3.9
2.7
1.5
2.0
4.0
7.7
Carmel Vly
92130
1.5
1.8
1.8
1.1
1.9
3.0
2.4
All Above
All
2.5
2.7
2.7
2.0
2.7
3.3
3.3

It’s a random selection of dates, but no real big concerns here. The higher-end areas (especially Rancho Santa Fe) don’t worry themselves with the law of supply and demand – they just wait their turn. The rest look fine.

Submit a Comment

Your email address will not be published. Required fields are marked *

Pin It on Pinterest