Frenzy Monitor

June 23, 2021

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Here’s our bimonthly check on how the actives and pendings are faring.

Two weeks ago it was suggested, “We were driving 135 MPH, and now we’re down to 127 MPH”.

We’re probably down to 100 MPH now.

For the first time in months, the total number of active and pending listings are balanced, and almost all areas have a few more actives today than they did two weeks ago:

NSDCC Actives and Pendings

Town or Area	Zip Code	Feb 2nd	May 12	May 26	June 9	June 23
Cardiff	92007	11/16	9/12	10/11	8/14	10/11
Carlsbad NW	92008	17/19	19/30	19/23	20/24	21/23
Carlsbad SE	92009	9/38	19/60	13/57	19/49	21/44
Carlsbad NE	92010	1/12	5/13	6/13	8/14	7/15
Carlsbad SW	92011	2/17	8/16	4/17	4/19	11/16
Carmel Valley	92130	26/43	20/65	23/63	23/65	30/65
Del Mar	92014	43/13	34/26	34/26	32/20	37/19
Encinitas	92024	39/45	33/54	32/56	33/61	36/65
La Jolla	92037	101/46	82/40	87/47	88/48	88/41
RSF	92067	96/35	83/54	72/53	80/38	79/42
RSF	92091	–	3/7	1/6	3/6	1/3
Solana Beach	92075	11/10	6/9	7/8	12/6	14/10
NSDCC	All Above	356/294	321/386	308/380	330/364	355/354

We can also track the average market times too.

Any upward trends here would indicate market slowing:

The lower-end should always be the hottest segment, and the average market time was down to 18 days on Monday. But the other price ranges are going the other way, which either means that buyers are getting more picky, or more prices are wrong – or both.

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