The number of active (unsold) listings has been on the rise, and is now 13% higher than it was a month ago - though I would still characterize the current market conditions as steady. Compare your stats from this month to last June and July when higher rates had begun...
Here's another example of how the frenzy has taken a different path in each area. Carlsbad, Encinitas, La Jolla and Rancho Santa Fe are rolling along with about the same or more pendings than last month - which should have been the peak - but the wheels have come off...
We are in the middle of the home-selling season, which means this will be as good as it gets for 2023. The balance of buyers and sellers has been remarkably steady. Over the last 90 days, the number of active listings has been in a tight 10% range, and the pendings...
The reason for breaking down the active and pending listings by zip code is to give the readers a closer look at their neighborhood stats. Four areas have MORE pendings than active listings, which is a sign of a red-hot market, and all areas except Rancho Santa Fe are...
The reason for breaking down the active and pending listings by zip code is to give the readers a closer look at their neighborhood stats. Most areas look healthy (ratio of 2:1 or better), and those in red have very similar to numbers to last spring which was probably...
The reason for breaking down the active and pending listings by zip code is to give the readers a closer look at their neighborhood stats. We have considered a 2:1 ratio of actives-to-pendings to be a healthy market. When there were more pendings than actives, the...
The reason for breaking down the active and pending listings by zip code is to give the readers a closer look at their neighborhood stats. Typically, we've considered any market to be healthy that has a 2:1 ratio between active and pending listings. SW Carlsbad,...
The reason for breaking down the active and pending listings by zip code is to give the readers a closer look at their neighborhood stats. A healthy market is when there are two actives to every pending. There are a couple areas (in red) where the number of pendings...
The reason for breaking down the active and pending listings by zip code is to give the readers a closer look at their neighborhood stats. Historically, we've figured that a 2:1 ratio was a sign of a healthy market. By now we are drifting into the holiday season, so...
The reason for breaking down the active and pending listings by zip code is to give the readers a closer look at their neighborhood stats. We’ve considered a 2:1 ratio of actives-to-pendings to be a healthy market. While other areas in America are reporting a surge of...
