Historically we have considered our market to be relatively ‘healthy’ when the actives-to-pendings ratio is around 2.0.  When you compare today’s stats to last February – we’re looking pretty good!

NSDCC detached-home market (La Jolla to Carlsbad):

For those wondering how we will get out of the gate in 2017, consider how fast the market picked up last year – by mid-March, we were already in full-tilt boogie mode, reflected in the lowest ratio of the year!

Here are last February’s Actives/Pendings for each area:

February 1, 2016

Here are today’s numbers – every area except the ultra-high end is sporting a sub-2.0 ratio going into the selling season!  Carmel Valley has 41% fewer active listings than a year ago, and the median list price of their active listings today is 33% higher than last year!

February 4, 2017