There were 50 new listings in the first seven days of last year.

This year, there have been 43 new listings in the first week, but there are late-reporters and those agents who input a new listing later in the month but use the contract date from weeks earlier. It’s not a smart move due to a glitch in the MLS which uses the contract date, not the actual days on the market, when other agents are searching for listings from the last seven days, etc. causing them to miss new listings.

Based on both reasons, the final total for the first seven days will probably be 60-ish, which means we’re off to a good start for those of us who are hoping for additional inventory!

Here are the guesses for the total number of January, 2024 listings submitted so far on the contest for Padres tickets (last January’s total was 205). You are welcome to add or revise your guess in the comment section up to January 15th:

Contest to Guess the Total Number of NSDCC January Listings

142 Anne M

157 Skip

160 doughboy

170 Dale

174 SurfRider

176 LifeIsRadInCbad

180 Kingside

188 Stephanie R.

189 Chris

190 Tom

192 Sara G.

200 Curtis

208 Rob Dawg

210 Bode

213 Shadash

217 Nick

222 Majeed

223 Joe

The market has fired up quickly – there were lots of people at open houses over the weekend and a new listing that interested my buyers already had three offers on it since hitting the market last week. Interestingly, I went by three hot new listings that were NOT doing open house. Get Good Help!

The $0 – $1,500,000 Market:

Date
NSDCC Active Listings
Avg. LP/sf
Avg. DOM
# of Pendings
Jan 2, 2024
15
$724/sf
49
23
Jan 8, 2024
13
$645/sf
58
19

The $1,500,000 – $2,000,000 Market:

Date
NSDCC Active Listings
Avg. LP/sf
Avg. DOM
# of Pendings
Jan 2, 2024
20
$866/sf
66
28
Jan 8, 2024
23
$890/sf
63
23

The $2,000,000 – $3,000,000 Market:

Date
NSDCC Active Listings
Avg. LP/sf
Avg. DOM
# of Pendings
Jan 2, 2024
54
$1,046/sf
65
34
Jan 8, 2024
59
$1,034/sf
57
30

The $3,000,000 – $4,000,000 Market:

Date
NSDCC Active Listings
Avg. LP/sf
Avg. DOM
# of Pendings
Jan 2, 2024
33
$1,216/sf
92
15
Jan 8, 2024
37
$1,248/sf
83
15

The $4,000,000+ Market:

Date
NSDCC Active Listings
Avg. LP/sf
Avg. DOM
# of Pendings
Jan 2, 2023
139
$1,858/sf
116
20
Jan 8, 2023
151
$1,896/sf
109
18

NSDCC Weekly New Listings and New Pendings

Week
New Listings
New Pendings
Total Actives
Total Pendings
Jan 2, 2024
18
10
255
113
Jan 8, 2024
43
12
278
100

NSDCC List Price Quartiles

Week
1st Quartile
Median List Price
3rd Quartile
Jan 2, 2024
$2,549,888
$4,444,000
$8,350,000
Jan 8, 2024
$2,572,444
$4,447,000
$8,097,500

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