fbpx

There are only 88 pending listings today, which means we are unlikely to get up to 100 sales between La Jolla and Carlsbad this month.

How radically different is that?  Here’s how this month will compare to the previous Januarys of interest:

NSDCC Detached-Home January Sales & Listings

January Year
Number of Sales
Number of New Listings
2009
114
458
2019
151
418
2022
141
223
2023 – projected
~90
~160

Discard all previous assumptions, and prepare for market conditions that we have never seen before.

I might leave this fact on every blog post this year, because it probably matters most:

There are over 76 million American baby boomers. All will be 65 years or older….IN EIGHT YEARS.

The $0 – $1,500,000 Market:

Date
NSDCC Active Listings
Avg. LP/sf
Avg. DOM
# of Pendings
Jan 2, 2023
22
$719/sf
75
15
Jan 9
26
$687/sf
50
14

The $1,500,000 – $2,000,000 Market:

Date
NSDCC Active Listings
Avg. LP/sf
Avg. DOM
# of Pendings
Jan 2, 2023
45
$809/sf
60
18
Jan 9
55
$828/sf
53
19

The $2,000,000 – $3,000,000 Market:

Date
NSDCC Active Listings
Avg. LP/sf
Avg. DOM
# of Pendings
Jan 2, 2023
52
$869/sf
69
30
Jan 9
57
$940/sf
66
31

The $3,000,000 – $4,000,000 Market:

Date
NSDCC Active Listings
Avg. LP/sf
Avg. DOM
# of Pendings
Jan 2, 2023
29
$1,236/sf
85
6
Jan 9
29
$1,180/sf
80
5

The $4,000,000+ Market:

Date
NSDCC Active Listings
Avg. LP/sf
Avg. DOM
# of Pendings
Jan 2, 2023
121
$1,744/sf
126
21
Jan 9
119
$1,716/sf
123
20

NSDCC Weekly New Listings and New Pendings

Week
New Listings
New Pendings
Total Actives
Total Pendings
Jan 2, 2023
11
6
263
89
Jan 9
36
15
277
88

For previous years, click here:

https://www.bubbleinfo.com/category/inventory/

Pin It on Pinterest