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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

If it weren’t for Rancho Santa Fe being a stick in the mud (median LP hasn’t budged either), we could say the entire NSDCC market is on fire.

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