The Carlsbad market has been surviving quite well – there are 14% more pendings today than last July.
The other areas are all above the 2:1 ratio of actives-to-pendings (our standard for a healthy market). The number of actives in Encinitas DOUBLED in less than a month!
Last July there were 171 pendings, and it’s the same number today!
The pendings should steadily decline like last year, and by December the count should be around 110.
