The count of active listings is powering skyward, and could be 500+ in the next week or two. There haven’t been more than 500 actives between La Jolla and Carlsbad since before the pandemic, so you can say that the inventory getting back to normal.
But unless pricing turns around, it won’t be be the same “normal” like it was prior to the pandemic.
The median sales price in 2019 was $1,327,250. This year it is $2,350,000.
The median list price today is $3,500,000 today.
The median list price was $4,444,000 when 2024 began. There were only 255 active listings to start the year. The distribution:
NSDCC Active Listings
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 |
| Feb 26 |
7 |
$725/sf |
26 |
21 |
| Mar 4 |
9 |
$763/sf |
23 |
21 |
| Mar 11 |
15 |
$742/sf |
14 |
17 |
| Mar 18 |
15 |
$697/sf |
16 |
21 |
| Mar 25 |
13 |
$846/sf |
19 |
22 |
| Apr 1 |
12 |
$897/sf |
22 |
20 |
| Apr 8 |
15 |
$869/sf |
37 |
22 |
| Apr 15 |
17 |
$811/sf |
16 |
25 |
| Apr 22 |
18 |
$829/sf |
16 |
23 |
| Apr 29 |
20 |
$796/sf |
20 |
23 |
| May 6 |
19 |
$868/sf |
18 |
23 |
| May 13 |
21 |
$859/sf |
18 |
22 |
| May 20 |
25 |
$939/sf |
20 |
18 |
| May 27 |
24 |
$897/sf |
25 |
20 |
| Jun 3 |
22 |
$879/sf |
25 |
19 |
| Jun 10 |
25 |
$834/sf |
26 |
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 |
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 |
| Feb 26 |
33 |
$840/sf |
36 |
31 |
| Mar 4 |
39 |
$827/sf |
32 |
31 |
| Mar 11 |
30 |
$857/sf |
43 |
37 |
| Mar 18 |
34 |
$847/sf |
36 |
37 |
| Mar 25 |
34 |
$848/sf |
43 |
43 |
| Apr 1 |
23 |
$873/sf |
42 |
47 |
| Apr 8 |
30 |
$884/sf |
37 |
47 |
| Apr 15 |
32 |
$961/sf |
36 |
43 |
| Apr 22 |
36 |
$964/sf |
31 |
37 |
| Apr 29 |
44 |
$921/sf |
25 |
33 |
| May 6 |
44 |
$921/sf |
30 |
36 |
| May 13 |
46 |
$939/sf |
25 |
34 |
| May 20 |
47 |
$965/sf |
24 |
38 |
| May 27 |
47 |
$965/sf |
30 |
40 |
| Jun 3 |
53 |
$1,006/sf |
32 |
36 |
| Jun 10 |
61 |
$942/sf |
30 |
36 |
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 |
| Feb 26 |
64 |
$1,138/sf |
30 |
61 |
| Mar 4 |
62 |
$1,202/sf |
33 |
55 |
| Mar 11 |
61 |
$1,211/sf |
29 |
62 |
| Mar 18 |
72 |
$1,143/sf |
32 |
53 |
| Mar 25 |
70 |
$1,101/sf |
31 |
64 |
| Apr 1 |
71 |
$1,049/sf |
31 |
63 |
| Apr 8 |
68 |
$1,076/sf |
31 |
63 |
| Apr 15 |
82 |
$1,058/sf |
33 |
55 |
| Apr 22 |
81 |
$1,066/sf |
38 |
62 |
| Apr 29 |
79 |
$1,076/sf |
34 |
64 |
| May 6 |
77 |
$1,067/sf |
35 |
56 |
| May 13 |
78 |
$1,069/sf |
38 |
58 |
| May 20 |
93 |
$1,049/sf |
39 |
46 |
| May 27 |
92 |
$1,053/sf |
39 |
47 |
| Jun 3 |
105 |
$1,025/sf |
41 |
43 |
| Jun 10 |
105 |
$1,035/sf |
40 |
53 |
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 |
| Feb 26 |
50 |
$1,512/sf |
42 |
16 |
| Mar 4 |
50 |
$1,588/sf |
44 |
19 |
| Mar 11 |
50 |
$1,594/sf |
44 |
23 |
| Mar 18 |
60 |
$1,537/sf |
38 |
22 |
| Mar 25 |
59 |
$1,614/sf |
70 |
27 |
| Apr 1 |
62 |
$1,660/sf |
76 |
26 |
| Apr 8 |
65 |
$1,479/sf |
76 |
27 |
| Apr 15 |
72 |
$1,442/sf |
70 |
26 |
| Apr 22 |
70 |
$1,462/sf |
75 |
20 |
| Apr 29 |
68 |
$1,434/sf |
75 |
25 |
| May 6 |
67 |
$1,373/sf |
70 |
26 |
| May 13 |
71 |
$1,355/sf |
68 |
25 |
| May 20 |
78 |
$1,298/sf |
63 |
24 |
| May 27 |
79 |
$1,267/sf |
66 |
26 |
| Jun 3 |
75 |
$1,272/sf |
65 |
26 |
| Jun 10 |
81 |
$1,248/sf |
62 |
26 |
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 |
| Feb 26 |
175 |
$1,691/sf |
105 |
26 |
| Mar 4 |
166 |
$1,692/sf |
97 |
36 |
| Mar 11 |
178 |
$1,663/sf |
90 |
37 |
| Mar 18 |
179 |
$1,691/sf |
90 |
29 |
| Mar 25 |
177 |
$1,693/sf |
83 |
34 |
| Apr 1 |
176 |
$1,713/sf |
87 |
31 |
| Apr 8 |
177 |
$1,771/sf |
82 |
37 |
| Apr 15 |
179 |
$1,731/sf |
88 |
40 |
| Apr 22 |
183 |
$1,733/sf |
85 |
42 |
| Apr 29 |
187 |
$1,765/sf |
81 |
42 |
| May 6 |
191 |
$1,751/sf |
83 |
42 |
| May 13 |
184 |
$1,754/sf |
84 |
47 |
| May 20 |
193 |
$1,734/sf |
81 |
45 |
| May 27 |
202 |
$1,716/sf |
78 |
46 |
| Jun 3 |
203 |
$1,694/sf |
74 |
43 |
| Jun 10 |
206 |
$1,716/sf |
70 |
43 |
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 |
| Feb 26 |
45 |
37 |
324 |
151 |
| Mar 4 |
52 |
45 |
332 |
166 |
| Mar 11 |
53 |
26 |
331 |
165 |
| Mar 18 |
62 |
32 |
355 |
159 |
| Mar 25 |
45 |
46 |
348 |
186 |
| Apr 1 |
37 |
42 |
340 |
183 |
| Apr 8 |
58 |
36 |
352 |
191 |
| Apr 15 |
58 |
29 |
378 |
184 |
| Apr 22 |
44 |
36 |
384 |
179 |
| Apr 29 |
67 |
36 |
393 |
185 |
| May 6 |
58 |
48 |
394 |
183 |
| May 13 |
47 |
34 |
395 |
186 |
| May 20 |
67 |
26 |
429 |
171 |
| May 27 |
57 |
36 |
435 |
179 |
| Jun 3 |
55 |
26 |
449 |
166 |
| Jun 10 |
77 |
40 |
469 |
175 |
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 |
| Feb 26 |
$2,649,400 |
$4,350,000 |
$7,300,000 |
| Mar 4 |
$2,525,000 |
$4,225,000 |
$7,149,500 |
| Mar 11 |
$2,649,000 |
$4,295,000 |
$7,495,000 |
| Mar 18 |
$2,500,000 |
$4,000,000 |
$6,750,000 |
| Mar 25 |
$2,680,000 |
$4,097,499 |
$6,750,000 |
| Apr 1 |
$2,785,000 |
$4,150,000 |
$6,999,999 |
| Apr 8 |
$2,680,000 |
$4,047,500 |
$6,999,000 |
| Apr 15 |
$2,570,000 |
$3,899,500 |
$6,797,500 |
| Apr 22 |
$2,499,000 |
$3,982,500 |
$6,495,000 |
| Apr 29 |
$2,399,000 |
$3,990,000 |
$6,750,000 |
| May 6 |
$2,485,000 |
$3,995,000 |
$6,825,000 |
| May 13 |
$2,475,000 |
$3,895,000 |
$6,900,000 |
| May 20 |
$2,420,000 |
$3,750,000 |
$6,480,000 |
| May 27 |
$2,495,000 |
$3,840,000 |
$6,695,000 |
| Jun 3 |
$2,475,000 |
$3,749,000 |
$6,395,000 |
| Jun 10 |
$2,388,000 |
$3,500,000 |
$6,187,000 |
The thing that jumps out for me is DoM for the $4m+ segment. Used to be that those super-premium properties could reasonable expect to remain on market 6-8 months looking for the right match. 70 days?
All it means is 70 days….so far. They are still active.
It also shows how many new listings keep hitting the market – keeping the averages lower.
There have been 135 NSDCC sales closed this year over $4M, and their average DOM is 56 days. The 6-12 month belief is a myth now.
Did you see/feel the six SoCal earthquakes over 2.5 in the last week? The Big One is coming!
I’ve been in Park City, UT over the past week so I missed the excitement. 😉
A couple nice hikes in the snow. 6k ft altitude I can shrug off but 8.5k ft is noticeable.
All those little jiggles are down on your end of the San Andreas Fault. Little jiggles are a good thing. For real anticipation check out Kilauea:
https://www.usgs.gov/volcanoes/kilauea/volcano-updates