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! Here are the stats for the NSDCC detached-home market (La Jolla to...
The market is sizzling, and it could kick up to another level if there were just more homes to sell! Here is a comparison of today's inventory to previous years (the lower-end is selling fast!): NSDCC Active Inventory - Second Week of April Year $0-$800K $800K-$1400K...
Let's use the $1,400,000 price point to show how hot the lower-end market is between Carlsbad and La Jolla. When the active and pending listings are running at a 2 to 1 clip, I consider the market to be relatively healthy - and when you look at our overall market, we...
The real estate market in the North San Diego County coastal region looks better today than it did at this time in 2016!
Historically we have considered our market to be relatively ‘healthy’ when the actives-to-pendings ratio is around 2.0. Here are the latest ratios for the detached-home market from La Jolla to Carlsbad: Reading Date Active Listings Pending Listings Ratio Oct 28, 2015...
In June, we checked the local markets by comparing their active-to-pending ratios, which historically have been relatively 'healthy' when around 2.0. Since then, the ratios in four of the eleven areas have improved (gone lower), including Del Mar, La Jolla and Rancho...
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...
I like to compare the counts of active and pending listings to help determine the overall 'health' of the marketplace, and a 2:1 ratio always seemed to be 'normal', roughly. Le's compare the comparisons! These are the counts from February 1, 2016: Area Zip Code ACT...
We have been measuring the 'health' of a market by comparing the actives to pending listings, and figured that a 2:1 ratio was about right. You can click on the 'Actives/Pendings' button below (next to date) to see the history. But it looks like the day has come...
From time to time we judge the current 'health' of the market by dividing the active listings by the pending listings. For the record, it was Peter B. who agreed with me years ago that the healthy balance is around two actives to one pending. The 'months of...
