The tariff tirade may be dissipating, but the effect on mortgage rates will probably last for months. Higher rates add more sluggishness to an generally-overpriced market but sellers are committed to exploring their price discovery in April. We’ll see if loosens up in May or June (doubtful).
Here is the distribution of NSDCC active listings:
Almost $1 billion worth of active listings in Rancho Santa Fe with an average list price over $10 million – wow! La Jolla and Del Mar’s averages are over $9 million!
The $0 – $2,000,000 Market:
| Date |
NSDCC Active Listings |
Avg. LP/sf |
Avg. DOM |
# of Pendings |
| Jan 6, 2025 |
43 |
$918/sf |
63 |
27 |
| Jan 13 |
45 |
$936/sf |
53 |
22 |
| Jan 20 |
47 |
$908/sf |
54 |
25 |
| Jan 27 |
48 |
$904/sf |
48 |
32 |
| Feb 3 |
51 |
$914/sf |
47 |
41 |
| Feb 10 |
45 |
$935/sf |
46 |
45 |
| Feb 17 |
45 |
$916/sf |
46 |
46 |
| Feb 24 |
45 |
$958/sf |
48 |
40 |
| Mar 3 |
50 |
$950/sf |
37 |
42 |
| Mar 10 |
55 |
$908/sf |
36 |
45 |
| Mar 17 |
53 |
$891/sf |
35 |
50 |
| Mar 24 |
53 |
$898/sf |
30 |
51 |
| Mar 31 |
58 |
$878/sf |
35 |
44 |
| Apr 7 |
56 |
$867/sf |
30 |
43 |
| Apr 14 |
63 |
$906/sf |
32 |
40 |
The $2,000,000 – $3,000,000 Market:
| Date |
NSDCC Active Listings |
Avg. LP/sf |
Avg. DOM |
# of Pendings |
| Jan 6, 2025 |
55 |
$1,029/sf |
66 |
36 |
| Jan 13 |
58 |
$990/sf |
63 |
31 |
| Jan 20 |
64 |
$1,018/sf |
57 |
26 |
| Jan 27 |
64 |
$1,025/sf |
53 |
31 |
| Feb 3 |
71 |
$1,009/sf |
50 |
31 |
| Feb 10 |
75 |
$1,005/sf |
46 |
36 |
| Feb 17 |
81 |
$1,015/sf |
44 |
39 |
| Feb 24 |
80 |
$1,012/sf |
38 |
52 |
| Mar 3 |
80 |
$1,034/sf |
33 |
49 |
| Mar 10 |
92 |
$1,029/sf |
37 |
44 |
| Mar 17 |
98 |
$1,015/sf |
39 |
44 |
| Mar 24 |
98 |
$1,008/sf |
41 |
52 |
| Mar 31 |
100 |
$997/sf |
44 |
54 |
| Apr 7 |
94 |
$940/sf |
43 |
54 |
| Apr 14 |
96 |
$962/sf |
42 |
53 |
The $3,000,000 – $4,000,000 Market:
| Date |
NSDCC Active Listings |
Avg. LP/sf |
Avg. DOM |
# of Pendings |
| Jan 6, 2025 |
44 |
$1,091/sf |
82 |
19 |
| Jan 13 |
46 |
$1,122/sf |
77 |
19 |
| Jan 20 |
52 |
$1,156/sf |
70 |
16 |
| Jan 27 |
49 |
$1,197/sf |
67 |
20 |
| Feb 3 |
56 |
$1,182/sf |
55 |
21 |
| Feb 10 |
58 |
$1,158/sf |
51 |
25 |
| Feb 17 |
58 |
$1,179/sf |
54 |
24 |
| Feb 24 |
56 |
$1,168/sf |
52 |
24 |
| Mar 3 |
51 |
$1,147/sf |
56 |
31 |
| Mar 10 |
56 |
$1,240/sf |
61 |
34 |
| Mar 17 |
60 |
$1,209/sf |
61 |
36 |
| Mar 24 |
60 |
$1,209/sf |
62 |
39 |
| Mar 31 |
62 |
$1,158/sf |
64 |
34 |
| Apr 7 |
68 |
$1,208/sf |
59 |
34 |
| Apr 14 |
79 |
$1,193/sf |
55 |
26 |
The $4,000,000+ Market:
| Date |
NSDCC Active Listings |
Avg. LP/sf |
Avg. DOM |
# of Pendings |
| Jan 6, 2025 |
160 |
$1,822/sf |
105 |
27 |
| Jan 13 |
156 |
$1,868/sf |
105 |
31 |
| Jan 20 |
170 |
$1,936/sf |
95 |
29 |
| Jan 27 |
180 |
$1,877/sf |
90 |
31 |
| Feb 3 |
189 |
$1,884/sf |
85 |
31 |
| Feb 10 |
189 |
$1,864/sf |
88 |
29 |
| Feb 17 |
192 |
$1,875/sf |
90 |
32 |
| Feb 24 |
195 |
$1,869/sf |
91 |
34 |
| Mar 3 |
200 |
$1,860/sf |
87 |
34 |
| Mar 10 |
213 |
$1,811/sf |
83 |
36 |
| Mar 17 |
208 |
$1,755/sf |
85 |
30 |
| Mar 24 |
211 |
$1,800/sf |
86 |
25 |
| Mar 31 |
213 |
$1,784/sf |
90 |
32 |
| Apr 7 |
219 |
$1,777/sf |
90 |
33 |
| Apr 14 |
230 |
$1,790/sf |
87 |
35 |
NSDCC Weekly New Listings and New Pendings
| Week |
New Listings |
New Pendings |
Total Actives |
Total Pendings |
| Jan 6 |
27 |
11 |
298 |
108 |
| Jan 13 |
38 |
26 |
301 |
101 |
| Jan 20 |
55 |
16 |
328 |
95 |
| Jan 27 |
60 |
32 |
337 |
113 |
| Feb 3 |
72 |
28 |
363 |
123 |
| Feb 10 |
50 |
34 |
364 |
135 |
| Feb 17 |
50 |
29 |
373 |
140 |
| Feb 24 |
58 |
38 |
374 |
148 |
| Mar 3 |
60 |
31 |
378 |
152 |
| Mar 10 |
60 |
30 |
411 |
156 |
| Mar 17 |
49 |
37 |
413 |
157 |
| Mar 24 |
57 |
39 |
414 |
164 |
| Mar 31 |
47 |
27 |
425 |
162 |
| Apr 7 |
52 |
31 |
431 |
162 |
| Apr 14 |
70 |
28 |
462 |
153 |
NSDCC List Price Quartiles
| Week |
1st Quartile |
Median List Price |
3rd Quartile |
| Jan 6 |
$2,685,000 |
$4,472,500 |
$7,995,000 |
| Jan 13 |
$2,499,000 |
$4,250,000 |
$7,750,000 |
| Jan 20 |
$2,695,000 |
$4,300,000 |
$7,767,000 |
| Jan 27 |
$2,795,000 |
$4,498,000 |
$7,995,000 |
| Feb 3 |
$2,695,000 |
$4,350,000 |
$7,499,000 |
| Feb 10 |
$2,799,000 |
$4,299,000 |
$7,695,000 |
| Feb 17 |
$2,695,000 |
$4,200,000 |
$7,750,000 |
| Feb 24 |
$2,699,500 |
$4,250,000 |
$7,645,000 |
| Mar 3 |
$2,550,000 |
$4,375,000 |
$7,497,000 |
| Mar 10 |
$2,500,000 |
$4,200,000 |
$7,250,000 |
| Mar 17 |
$2,500,000 |
$4,000,000 |
$6,995,000 |
| Mar 24 |
$2,595,000 |
$4,047,500 |
$7,275,000 |
| Mar 31 |
$2,499,000 |
$4,000,000 |
$7,300,000 |
| Apr 7 |
$2,500,000 |
$4,000,000 |
$6,995,000 |
| Apr 14 |
$2,500,000 |
$3,999,000 |
$6,995,000 |
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