Active/Pendings in March

Actives/Pendings | Jim's Take on the Market | North County Coastal | Sales and Price Check | Spring Kick

March 23, 2016

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I like to compare the counts of active and pending listings to help determine the overall ‘health’ of the marketplace, and a 2:1 ratio always seemed to be ‘normal’, roughly. Le’s compare the comparisons!

These are the counts from February 1, 2016:

Area	Zip Code	ACT	PEND	Ratio	Median LP of ACT
Cardiff	92007	18	2	9.00	$1,847,500
Carlsbad NW	92008	33	14	2.36	$1,199,900
Carlsbad SE	92009	76	35	2.17	$1,110,000
Carlsbad NE	92010	12	15	0.80	$744,950
Carlsbad SW	92011	37	20	1.85	$1,199,999
Del Mar	92014	53	15	3.53	$2,875,000
Encinitas	92024	67	40	1.68	$1,674,900
La Jolla	92037	160	38	4.21	$2,972,500
RSF	92067	199	26	7.65	$3,195,000
Solana Bch	92075	24	10	2.40	$1,872,500
Carmel Vly	92130	109	39	2.79	$1,299,900
All Above	All	788	254	3.10	$2,165,000

Seven weeks later, and well into the selling season, there has been notable improvement! Those in bold have had a surge of new pendings, and overall there are 57% more pendings today than seven weeks ago:

Area	Zip Code	ACT	PEND	Ratio	Median LP of ACT
Cardiff	92007	19	11	1.73	$2,449,000
Carlsbad NW	92008	36	26	1.38	$1,285,000
Carlsbad SE	92009	90	70	1.29	$1,189,000
Carlsbad NE	92010	7	23	0.30	$740,000
Carlsbad SW	92011	34	36	0.94	$1,,062,450
Del Mar	92014	69	13	5.31	$2,580,000
Encinitas	92024	92	50	1.84	$1,811,500
La Jolla	92037	187	53	3.53	$2,995,000
RSF	92067	232	32	7.25	$3,195,000
Solana Bch	92075	24	8	3.00	$1,962,500
Carmel Vly	92130	110	77	1.43	$1,490,000
All Above	All	900	399	2.26	$2,150,000