NSDCC Actives/Pendings

Actives/Pendings | Jim's Take on the Market | North County Coastal

June 21, 2016

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We figure a ‘healthy’ market has a 2:1 ratio of active listings to pendings. Here is our last look at the actives/pendings ratio, from March 23rd:

Area	Zip Code	ACT	PEND	Ratio	Median LP of ACT
Cardiff	92007	19	11	1.73	$2,449,000
Carlsbad NW	92008	36	26	1.38	$1,285,000
Carlsbad SE	92009	90	70	1.29	$1,189,000
Carlsbad NE	92010	7	23	0.30	$740,000
Carlsbad SW	92011	34	36	0.94	$1,062,450
Del Mar	92014	69	13	5.31	$2,580,000
Encinitas	92024	92	50	1.84	$1,811,500
La Jolla	92037	187	53	3.53	$2,995,000
RSF	92067	232	32	7.25	$3,195,000
Solana Bch	92075	24	8	3.00	$1,962,500
Carmel Vly	92130	110	77	1.43	$1,490,000
All Above	All	900	399	2.26	$2,150,000

The market was humming along at the end of March, judging by how many areas have their A/P ratio under 2.0.

Today there are 17% more houses for sale, and 7% more pendings, which seems fairly healthy at a 2.46 ratio overall. The majority of areas (6 of 11) are under 2.0 too, and to no one’s surprise, they are the cheaper areas:

Area	Zip Code	ACT	PEND	Ratio	Median LP of ACT
Cardiff	92007	21	9	2.33	$1,650,000
Carlsbad NW	92008	45	23	1.96	$1,206,908
Carlsbad SE	92009	113	69	1.64	$1,250,000
Carlsbad NE	92010	13	18	0.72	$785,000
Carlsbad SW	92011	53	34	1.56	$1,149,000
Del Mar	92014	73	23	3.17	$2,475,000
Encinitas	92024	108	81	1.33	$1,650,000
La Jolla	92037	221	46	4.80	$2,995,000
RSF	92067	247	30	8.23	$3,199,000
Solana Bch	92075	26	9	2.89	$2,472,500
Carmel Vly	92130	132	86	1.53	$1,497,000
All Above	All	1,052	428	2.46	$2,098,500