Our contest for Padres tickets got more exciting this week due to Manny Mania! NSDCC New Listings Jan 1 to Feb 20: 2018: 681 2019: 644 (-5%) The two-month total last year was 783, so we're on a pace to hit 741. Doughboy guessed 740, but it came in after the guessing...
Active/Pending stats for detached-homes between La Jolla and Carlsbad: Reading Date Actives Pendings A+P A/P Oct 28, 2015 970 358 1,328 2.71 Feb 1, 2016 788 254 1,042 3.10 Mar 23, 2016 900 399 1,299 2.26 June 21, 2016 1,052 428 1,480 2.46 Aug 17, 2016 1,060 395 1,455...
Today the FHFA announced that they have raised the Fannie/Freddie mortgage limit to $726,525 in high-cost areas: ...
Here are the stats for the NSDCC detached-home market (La Jolla to Carlsbad): Reading Date Actives Pendings A+P A/P Oct 28, 2015 970 358 1,328 2.71 Feb 1, 2016 788 254 1,042 3.10 Mar 23, 2016 900 399 1,299 2.26 June 21, 2016 1,052 428 1,480 2.46 Aug 17, 2016 1,060 395...
The total number of pendings went up 2% this week, and the number of closed sales for the first half of October (116) is higher than last year (114). Statistically, the market is 'fine' up to the $1,600,000s. The actives/pendings count for NSDCC listings priced under...
More here: https://www.piggington.com/august_2018_housing_data_cooling_market
Historically, we have considered our market to be relatively ‘healthy’ when the actives-to-pendings ratio is around 2.0 - but that thought originated when prices were about half of what they are today! But all in all, we're in pretty good shape today. The active...
Last week we saw that the current inventory ranges from 1.3 months' worth on the lower-end, to more than 10 months on the high end. Another gauge we've used is to compare the active listings to the pendings, which also shows a similar condition. It's been...
We've said that the low-end of each market has been hopping - look at the market for houses priced under $1,500,000 between La Jolla and Carlsbad: The NSDCC Under-$1,500,000 Market Active listings: 135 Pending listings: 128 The actives-to-pendings ratio of nearly 1:1...
In spite of what seems to be a somewhat bloated end-of-summer inventory, the new pendings over the last three weeks have been very solid: Week New Listings New Pendings Jul 24 86 61 Jul 31 90 75 Aug 7 99 71 If the new-pending counts stay above 50 through September,...
