Frenzy Monitor

by | Jul 29, 2021 | Frenzy Monitor

The total number of pendings have been rapidly descending with frenzy-escrows closing out.  But new listings should taper off from now on, so we’ll see which drops faster:

NSDCC Actives and Pendings

Town/Area
Zip
Feb 2nd
May 12
May 26
Jun 9
Jun 23
Jul 14
Jul 28
Cardiff
92007
11/16
9/12
10/11
8/14
10/11
14/7
14/6
Carlsbad NW
92008
17/19
19/30
19/23
20/24
21/23
18/24
23/19
Carlsbad SE
92009
9/38
19/60
13/57
19/49
21/44
27/42
29/29
Carlsbad NE
92010
1/12
5/13
6/13
8/14
7/15
8/19
7/13
Carlsbad SW
92011
2/17
8/16
4/17
4/19
11/16
12/24
6/24
Carmel Vly
92130
26/43
20/65
23/63
23/65
30/65
27/60
31/48
Del Mar
92014
43/13
34/26
34/26
32/20
37/19
42/12
36/21
Encinitas
92024
39/45
33/54
32/56
33/61
36/65
42/50
43/53
La Jolla
92037
101/46
82/40
87/47
88/48
88/41
89/38
84/47
RSF
92067
96/35
83/54
72/53
80/38
79/42
72/42
66/45
RSF
92091
–
3/7
1/6
3/6
1/3
1/2
1/3
Solana Bch
92075
11/10
6/9
7/8
12/6
14/10
17/12
17/7
NSDCC
All
356/294
321/386
308/380
330/364
355/354
369/332
357/315

In the previous FM, I said that the March-May period had to be the hottest of all-time, but we had 400+ pendings from June 22nd to November 30th last year – with a peak of 491 pendings on September 7th.

We can also track the average market times too.  Any upward trends here would indicate market slowing:

There is slowing of market times in all price ranges but averages of large sample sizes don’t move quickly.

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