Odd thing is same agent had place in bread n butter area of Encinitas (Village Park) but no calls from Bay Area cash buyers. The pockets of relative abnormal demand are not everywhere in SD. Just spoke to a neighbor that bought a year ago for 1.25 and hes at 1.75 now
Just an FYI in 92106/92107 you are at 13 active and 22 pending for $2M and less so 1.7:1. We are 4:1 up here by the same measure (20 active:80 pendings). Despite the numbers being larger, its far more inventory constrained up here. For comparison Carmel valley is 8 active:22 pendings. Its a powder keg up here at the moment
