NSDCC Actives/Pendings

Actives/Pendings | Jim's Take on the Market | North County Coastal

April 21, 2017

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Historically, we have considered our market to be relatively ‘healthy’ when the actives-to-pendings ratio is around 2.0 – but that thought originated when prices were about half of what they are today!

Here are the stats for the NSDCC detached-home market (La Jolla to 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

Considering that we have record-high pricing in most areas, it is phenomenal to see so many pendings – and so few actives!

Actives Median Price = $2,350,000

Pendings Median Price = $1,299,000

Only 10% of the actives are under $1,000,000, and 35% are over $3,000,000!

Here are the Actives/Pendings ratios for each area. If you remove La Jolla and RSF, the A/P = 432/336, or 1.29 to 1!

Area	Zip Code	June	Aug	Dec	Act/Pend Today
Cardiff	92007	2.3	3.5	1.1	15/15 = 1.0
Carlsbad NW	92008	2.0	2.3	1.3	40/34 = 1.2
Carlsbad SE	92009	1.6	2.0	1.9	73/74 = 1.0
Carlsbad NE	92010	0.7	0.9	1.3	23/25 = 0.9
Carlsbad SW	92011	1.6	1.5	1.3	26/24 = 1.1
Del Mar	92014	3.2	2.5	4.9	63/19 = 3.3
Encinitas	92024	1.3	1.8	1.8	87/55 = 1.6
La Jolla	92037	4.8	4.4	4.4	172/46 = 3.7
RSF	92067	8.2	6.3	6.3	207/40 = 5.2
Solana Bch	92075	2.9	3.9	2.7	19/13 = 1.5
Carmel Vly	92130	1.5	1.8	1.8	86/77 = 1.1
All Above	All	2.5	2.7	2.7	842/427 = 2.0