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We’ve used the ratio of active-listings-to-pending-listings as a measure of the overall ‘health’ of the market, with a 2:1 ratio being about right.  This is how it looked earlier this year, on February 23, 2015:

https://www.bubbleinfo.com/2015/02/23/north-sd-activespendings/

The overall Actives-to-Pendings ratio in February was 1.69 to 1.

It is the same 1.69:1 today!

Here are the current stats – areas with more pendings than actives are in bold:

Area
Zip Code
ACT
PEND
#2015 Solds
Median SP
Avg $/sf
Cardiff
92007
16
11
31
$1,250,000
$644/sf
Carlsbad NW
92008
51
29
67
$755,000
$527/sf
Carlsbad SE
92009
121
93
189
$825,000
$323/sf
Carlsbad NE
92010
18
26
54
$642,500
$320/sf
Carlsbad SW
92011
39
38
77
$875,000
$364/sf
Del Mar
92014
58
23
64
$1,582,000
$740/sf
Encinitas
92024
91
68
180
$1,087,000
$458/sf
La Jolla
92037
185
44
150
$1,817,500
$790/sf
RSF
67+91
237
41
95
$2,550,000
$528/sf
Solana Bch
92075
15
11
39
$1,539,000
$682/sf
W. RB
92127
161
90
211
$855,000
$326/sf
E. RB
92128
62
85
200
$615,000
$326/sf
Rancho Pena
92129
54
59
151
$673,500
$318/sf
Carmel Vly
92130
116
80
154
$1,168,750
$400/sf
Scripps Rch
92131
51
56
119
$778,500
$333/sf
All Above
All
1,273
754
1,781
$887,500
$472/sf

Those with smaller sample sizes can vary wildly, yet most of these look fairly consistent.  As usual, Carmel Valley is really rocking – the 80 pendings have an average list price of $1,265,778!  Encinitas deserves recognition too for having 180 solds already this year with a median sales price of $1,087,000!

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