Frenzy Monitor

Written by Jim the Realtor

October 12, 2023

Here are the active and pending listings for each area.

We consider a ratio of 2:1 actives-to-pendings to be a healthy market, and five of the 12 areas are 2:1 or better, and seven of 12 are 3:1 or better.  For everything we’ve been through, that’s pretty good!

Two areas (SE Carlsbad and Encinitas) are a little light on pendings compared to last year at this time, but price will fix that. It is remarkable how similar July and October were to last year, and the other months weren’t too far off either.

Will it be like this in 2024? Probably!

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Jim Klinge
Klinge Realty Group

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