It's never been so important for home sellers to be bold and decisive when selling their house. Buyers are waiting patiently for new listings, and they will immediately jump at anything that looks great and is priced attractively - take advantage! There have been 155...
My predicted surge in inventory is underway - look at the navy-blue line above. There are 363 active listings between La Jolla and Carlsbad today, and once the Super Bowl is out of the way, we should really get rocking. It should easily reach 400 before the end of the...
Ok, we're rolling now! There are 337 NSDCC active listings today. We didn't hit that number until mid-March last year, and in 2023 we didn't reach that many until mid-May! The number of pendings did rebound but they are still under where they were in the last two...
I thought that this would be the week that the surge of new listings would start to appear, but not yet. There have only been 167 new listings this month between La Jolla and Carlsbad, which is about the same pace as last January. The monthly closed sales are about...
The current market conditions are fascinating. There were 141 NSDCC listings that went pending in October, and 44 of them have already closed escrow! It leaves 133 listings in the pending category so the closed sales in November and December probably won't set any...
Remember a few months ago when both Biden and the Padres were flailing and I said that the last half of the year would be so full of distractions that we'd be lucky to see 100 sales per month? How ya feeling now? Last month was spectacular and it looks like this...
Statistics are quirky - there are always things that happen that defy explanation. Look at the uptick in inventory in today's reading, and note that the same thing happened last year! The number of pending listings has been riding above last year's pendings count,...
The lowest mortgage rates since early 2023 might keep buyers in the hunt a little longer than usual! Will they accept the current pricing, or will they insist on grinding lower? We can get a feel by examining those listings that have been marked pending this month....
It's impressive to see so many high-enders go into escrow this quickly - these are the NSDCC homes listed over $4,000,000 than have gone pending since the first of the year: Not mentioned above is the listing that hit the MLS on January 3rd, went pending on the fifth,...
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...
