Rates are really low, and the market is responding. We’ve considered it a balanced market when the active listings are running about twice the number of pendings. Here’s how we’re doing so far in 2020, and compared to last February:

NSDCC Detached-Home Active and Pending Listings:

Area
Zip Code
Actives
Pendings
A/P Ratio
Ratio in Feb 2019
Cardiff
92007
14
9
1.6
2.3
Carlsbad NW
92008
29
19
1.5
1.8
Carlsbad SE
92009
48
50
0.96
1.9
Carlsbad NE
92010
12
12
1.0
1.4
Carlsbad SW
92011
21
19
1.1
1.4
Del Mar
92014
48
17
2.8
7.1
Encinitas
92024
65
53
1.2
2.1
La Jolla
92037
153
37
4.1
6.3
RSF
92067
158
24
6.6
10.5
Solana Bch
92075
18
12
1.5
7.7
Carmel Vly
92130
42
50
0.8
2.4
All Above
All
618
302
2.0
3.3

We are at the 2.0 mark, but take out La Jolla and Rancho Santa Fe and we’re at 1.3!

In SE Carlsbad and Carmel Valley – which are about the same size – we have more pendings than actives!

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Jim the Realtor
Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!

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