Yesterday we saw how the number of listings has been dropping in San Diego County. Here’s a look at our favorite market – detached-homes between La Jolla-to-Carlsbad:

*The 64% is the percentage of 1Q23 listings that have closed escrow – more will be added, but the percentage will probably stay in 60s.

It looks like we’re going back to the good old days when there were big spreads between the median LP and median SP, and about a third of the listings not selling – in spite of having half as many listings!

(this year’s listings count should get up to around 1,100, but still scary low)

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

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