In the last week, the number of NSDCC active listings shot up by 12%, and the number of pendings dropped 10%, which at first glance looked like a bunch of escrows blew up.
But it was more due to the number of closings. There were 35 escrows that closed last week, bringing the February total up to 83 already. Last February there were only 112 closings, which we should easily beat.
NSDCC sales are 14% higher than last year, and we’ll have a few more late-reporters to add this year:
NSDCC Listings and Sales Between Jan 1 – Feb 15
Here are Bill’s latest graphs. It’s incredible to see the comparison to 2019 – the active inventory was down 57.7% but sales were only off -19.5%:
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 |
13 |
$645/sf |
58 |
19 |
| Jan 15 |
10 |
$664/sf |
55 |
15 |
| Jan 22 |
15 |
$750/sf |
36 |
15 |
| Jan 29 |
12 |
$834/sf |
36 |
21 |
| Feb 5 |
12 |
$784/sf |
38 |
23 |
| Feb 12 |
10 |
$818/sf |
30 |
22 |
| Feb 19 |
12 |
$731/sf |
17 |
21 |
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 |
23 |
$890/sf |
63 |
23 |
| Jan 15 |
32 |
$876/sf |
47 |
35 |
| Jan 22 |
35 |
$823/sf |
43 |
25 |
| Jan 29 |
38 |
$833/sf |
43 |
26 |
| Feb 5 |
39 |
$810/sf |
34 |
28 |
| Feb 12 |
32 |
$781/sf |
39 |
34 |
| Feb 19 |
33 |
$797/sf |
36 |
29 |
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 |
59 |
$1,034/sf |
57 |
30 |
| Jan 15 |
69 |
$1,094/sf |
44 |
35 |
| Jan 22 |
60 |
$1,108/sf |
42 |
45 |
| Jan 29 |
65 |
$1,126/sf |
41 |
48 |
| Feb 5 |
68 |
$1,120/sf |
31 |
50 |
| Feb 12 |
60 |
$1,123/sf |
34 |
56 |
| Feb 19 |
71 |
$1,130/sf |
29 |
56 |
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 |
37 |
$1,248/sf |
83 |
15 |
| Jan 15 |
42 |
$1,236/sf |
77 |
18 |
| Jan 22 |
43 |
$1,283/sf |
77 |
17 |
| Jan 29 |
42 |
$1,242/sf |
75 |
20 |
| Feb 5 |
36 |
$1,363/sf |
73 |
25 |
| Feb 12 |
40 |
$1,252/sf |
34 |
18 |
| Feb 19 |
47 |
$1,515/sf |
45 |
17 |
The $4,000,000+ Market:
| Date |
NSDCC Active Listings |
Avg. LP/sf |
Avg. DOM |
# of Pendings |
| Jan 2, 2024 |
139 |
$1,858/sf |
116 |
20 |
| Jan 8 |
151 |
$1,896/sf |
109 |
18 |
| Jan 15 |
157 |
$1,879/sf |
106 |
22 |
| Jan 22 |
159 |
$1,824/sf |
104 |
27 |
| Jan 29 |
162 |
$1,758/sf |
108 |
31 |
| Feb 5 |
162 |
$1,718/sf |
108 |
30 |
| Feb 12 |
154 |
$1,705/sf |
107 |
34 |
| Feb 19 |
168 |
$1,685/sf |
107 |
24 |
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 |
43 |
12 |
278 |
100 |
| Jan 15 |
52 |
20 |
305 |
102 |
| Jan 22 |
50 |
29 |
308 |
122 |
| Jan 29 |
44 |
32 |
314 |
140 |
| Feb 5 |
44 |
33 |
312 |
149 |
| Feb 12 |
37 |
34 |
292 |
159 |
| Feb 19 |
53 |
24 |
326 |
143 |
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 |
$2,572,444 |
$4,447,000 |
$8,097,500 |
| Jan 15 |
$2,499,000 |
$4,200,000 |
$7,950,000 |
| Jan 22 |
$2,429,000 |
$4,250,000 |
$7,450,000 |
| Jan 29 |
$2,399,000 |
$4,225,000 |
$7,495,000 |
| Feb 5 |
$2,398,000 |
$4,272,500 |
$7,495,000 |
| Feb 12 |
$2,499,800 |
$4,297,500 |
$7,495,000 |
| Feb 19 |
$2,499,400 |
$4,200,000 |
$6,972,500 |
Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!
Two Carlsbad city parks each will get four new pickleball courts under a proposal approved last week by the Carlsbad City Council.
Calavera Hills and Stagecoach community parks were chosen after five possible locations were considered, said Parks and Recreation Director Kyle Lancaster.
The city will spend about $300,000 to plan and design the courts, which could be finished in about two years.
So far, Carlsbad has six outdoor pickleball courts at Poinsettia Community Park, and indoor courts in the gymnasiums at the Calavera Hills, Statecoach and Pine Avenue community centers. Private facilities in the city help to meet the growing demand for pickleball, sometimes called the fastest-growing game in America.
One person who lives near Calavera Hills Community Park said she worries that the courts will be noisy, and that people will use them after hours when neighbors are trying to sleep. Lancaster said the new courts will be a “substantial” distance of at least 250 feet from the nearest homes. They will be installed with 10-foot walls and acoustic mats to help reduce the noise. Also, the courts will be gated and locked after hours to prevent anyone from playing between 10 p.m. and 8 a.m.