Frenzy may not sound applicable these days…..but look at La Jolla getting off to a hot start and leading the pack with 38 pendings, just like last year!
The 92067 is angling towards their pre-covid standard with a 9:1 ratio of actives-to-pendings. Our normal gauge of a healthy market is a 2:1 ratio, but hey, it’s different in the Ranch.
The total number of pendings is about the same as a year ago, in spite of there being +21% more active listings today. Buyers are willing and able to ignore the OPTs!
